ASSIMILATION 1. Horizontal Analysis Presented is the Balance Sheet of ABC Company for the year 2020 and 2019. Conduct a Horizontal Analysis to its Balance Sheet 2020 2019 Horizontal Analysis Increase Decrease Amount Increase Decrease Percentage 500.000.00 420,000.00 Accounts Receivable 80.000.00 100,000.00 Inventory P60,000.00 P 35,000.00 Land P700,000.00 T 525,000,00 Patent P90.000.00 1.430.000.00 T 50,000.00 P1230,000 60 Total Assets Labies and Owner's Equity Accounts Payable P400.000.00 " 330,000.00 P250.000.00 + 200,000,00 Notes Payable Total Liabilities 50.000.00 530,000.00 X, Capital 780,000.00 T 700,000.00 Total Liabilities and Owner's Equity 1,430,000.00 1.230.000.00 I. Vertical Analysis The financial statements of the year 2015 and 2016 for GHI Company is presented below. Conduct a Vertical Analysis for its SFP and SCI. GHI Company Comparative Statement of Financial Position For the Year 2015 and 2016 Vertical Analysis 2015 2016 2015 2016 - 400,000,00 - 450,000.00 250,000.00 280,000.00 120,000.00 30,000.00 Assets Cash Accounts Receivable Trading Securities Inventories Prepaid Expenses Total Current Assets Total Non-current Assets 370.000.00 420,000,00 20,000.00 80,000,00 1,160,000.00 1,260,000.00 840,000.00 2,000,000,000 1,140,000.00 P2,400,000.00 Total Assets Liabilities and Owner's Equity Total Current Liabilities Total Non-current Liabilities " 400,000.00 Total Liabilities 1,100,000.00 1,500,000.00 450.000.00 1,300.000.00 1,750,000.00 Owner's Equity Total Owner's Equity Total Liabilities and Owner's Equity 500.000.00 P2,000,000.00 650,000.00 P2,400,000.00