Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2020
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Compute the amount and percentage changes in 2020 using horizontal analysis, assuming 2019 is the base year.
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Dec. 31, 2019 Dec. 31, 2020 Current assets Plant assets $ 200,000 $ 220,000 780,000 1,040,000 $1,240,000 Total assets $1,000,000
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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