The comparative accounts payable and long term debt balances for a company follow Current Year Previous Year Accounts payable $54,405 $46,500 Long term debt 40,474 41,300 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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The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $54,405 $46,500 Long-term debt 40,474 41,300 Based

The comparative accounts payable and long-term debt balances for a company follow.

	Current Year	Previous Year
Accounts payable	$54,405	$46,500
Long-term debt	40,474	41,300

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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