Question
the comparative accounts payable and long-term debt balances for a company follow. Line Item Description Current Year Previous Year Accounts payable $83,583 $75,300 Long-term debt
the comparative accounts payable and long-term debt balances for a company follow.
| Line Item Description | Current Year | Previous Year |
|---|---|---|
| Accounts payable | $83,583 | $75,300 |
| Long-term debt | 68,441 | 76,900 |
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.
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Management And Cost Accounting
Authors: Charles T. Horngren (Author), Alnoor Bhimani (Author), Srikant M. Datar (Author), George Foster
2nd Edition
0273651838, 978-0273651833
