Chapter 20, Problem 20.6P

(1)

To determine

Change in depreciation method:

A change in depreciation methods are considered as a change in estimate that is achieved by a change in accounting principle.

Change in accounting principle:

A change in accounting principle is said to be a change in a format used, like using different depreciation method or changing from FIFO to LIFO method of inventory valuation.

To describe: The account for change for Manufacturing Company F and to include the journal entries related to the change and footnote disclosures.

(2)

To determine

To describe: the way that Manufacturing Company F should account for the change and to include the journal entry.