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Prepare a horizontal analysis of the following excerpt of a balance sheet. Assets 2012 2011 Current assets Cash $32,450 $29,650 Accounts receivable $ 4,500 $
Prepare a horizontal analysis of the following excerpt of a balance sheet.
Assets | 2012 | 2011 |
Current assets | ||
Cash | $32,450 | $29,650 |
Accounts receivable | $ 4,500 | $ 3,300 |
Inventory | $ 18,960 | $22,400 |
Equipment | $36,500 | $31,300 |
Total assets | $92,410 | $86,650 |
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