Question
Cash and accounts receivable for Adams Company are provided below: Current Year Prior Year Cash $72,312 $55,200 Accounts receivable (net) 36,308 62,600 Based on this
Cash and accounts receivable for Adams Company are provided below:
| Current Year | Prior Year | ||
| Cash | $72,312 | $55,200 | |
| Accounts receivable (net) | 36,308 | 62,600 |
Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage.
| Account | Dollar Change | Percent Change | |
| Cash | $fill in the blank 1 | fill in the blank 2 % | |
| Accounts Receivable |
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Audit Management And Supervision Wiley Ronald Institute Of Internal Auditors Professional Book Series
Authors: Gil W. Courtemanch, Guilbert W. Courtemanche
1st Edition
0471625655, 978-0471625650
