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Using these data from the comparative balance sheet of Sunland Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Sunland Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2020 Dec. 31, 2019 Amount Percentage Accounts receivable $526,250 $421,000 % $ Inventory 793,000 610,000 % Total assets 3,401,310 2,811,000 %
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