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1. The account balances for Kennedy Inc.'s accounts payable for the years 2017-2020 were as follows: 2020 2019 2018 2017 $235,000 $245,000 $215,000 $220,000 In
1. The account balances for Kennedy Inc.'s accounts payable for the years 2017-2020 were as follows:
2020 | 2019 | 2018 | 2017 |
$235,000 | $245,000 | $215,000 | $220,000 |
In a trend analysis, Kennedy Inc. would report accounts payable for 2020 as:
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95.92%
(4.08%)
109.30%
6.82%
106.82%
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Advances In International Accounting Volume 20
Authors: J. Timothy Sale
1st Edition
0762313994, 9780762313990
