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Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2019 Accounts receivable December 31, 2020 $463,600 861,800 2,669,550
Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2019 Accounts receivable December 31, 2020 $463,600 861,800 2,669,550 Inventory $380,000 620,000 2,405,000 Total assets (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Increase or (Decrease) Amount Percentage December 31, 2020 December 31, 2019 Accounts receivable $463,600 $380,000 % $ Inventory 861,800 620,000 % Total assets 2,669,550 2,405,000 %
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