Question
The Cash and Accounts Receivable end-of-year balances for a company are provided below: 2015 2014 Cash $64,512 $51,200 Accounts receivable (net) $36,410 $66,200 Based on
The Cash and Accounts Receivable end-of-year balances for a company are provided below:
| 2015 | 2014 | ||
| Cash | $64,512 | $51,200 | |
| Accounts receivable (net) | $36,410 | $66,200 |
Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage.
| Amount | Percentage | |||
| Cash | $ | % | ||
| Accounts Receivable | $ | % | ||
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Smart Sexy Auditing Clerk
Authors: Funny Career Quotes
1st Edition
B08RRJ97CP, 979-8588903189
