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Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Accounts payable. Long-term debt Current Year Previous Year $46,240 49,852

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Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Accounts payable. Long-term debt Current Year Previous Year $46,240 49,852 $54,400 48,400 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. Amount of Change Increase/Decrease Accounts payabla Increase Long-term debt Decrease < Percentage % %

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