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4 8 , 0 0 0 Horizontal analysis The comparative accounts payable and long-term debt balances for a company follow. Accounts payable Long-term debt Current
Horizontal analysis The comparative accounts payable and long-term debt balances for a company follow. Accounts payable Long-term debt Current Year Previous Year $48,000 53,400 $36,960 63,546 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. Accounts payable Long-term debt Amount of Change Increase/Decrease Percentage % %
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