1. Conduct a horizontal analysis (comparative analysis) for the balance sheets of Gians Italian Cuisine as of November 30 and December 31, 2016.

	November	December
Current Assets:
Cash	9,000	14,000
Accounts Receivable	10,000	11,500
Food Inventory	4,000	3,538
Beverage Inventory	6,000	3,950
Prepaid Rent	18,000	20,000
Total Current Assets
Fixed Assets:
Furniture, Fixture & Equipment (FF&E)	7,500	9,870
Accumulated Depreciation (FF&E)	(3,030)	(4,000)
Building	20,000	20,000
Long term Investments	5,000	8,580
Long Term Assets	29,470	34,450
Total Assets
Current Liabilities:
Accounts Payable	7,000	6,790
Accrued Payroll	5,400	6,540
Accrued Taxes	5,500	3,500
Total Current Liabilities
Long Term Debt	10,000	12,000
Total Liabilities
Owner's Equity	39,000	40,620
Retained Earnings	9,570	17,988
Total Owner's Equity
Total Liabilities and Owner's Equity