Question
Using these data from the comparative balance sheets of Concord Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December
Using these data from the comparative balance sheets of Concord Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $439,300 $382,000 702,000 585,000 3,143,520 2,832,000 (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) December 31, 2022 December 31, 2021 Accounts receivable $439,300 $382,000 +A $ Inventory 702,000 585,000 Total assets 3,143,520 2,832,000 Increase or (Decrease) Amount Percentage % do % %
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Survey Of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
2nd Edition
1119594537, 978-1119594536
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