Question
The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $55,506 $63,800 Long-term debt 83,040 69,200 Based
The comparative accounts payable and long-term debt balances for a company follow.
| Current Year | Previous Year | |
| Accounts payable | $55,506 | $63,800 |
| Long-term debt | 83,040 | 69,200 |
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 | Percentage | |
| Accounts payable | $fill in the blank 1 | IncreaseDecrease | fill in the blank 3 % |
| Long-term debt | $fill in the blank 4 | IncreaseDecrease | fill in the blank 6 % |
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Annual Independent Audits And Reporting Requirements US Federal Deposit Insurance Corporation Regulation FDIC
Authors: The Law Library
2018 Edition
1727250419, 978-1727250411
