Cash and accounts receivable for Adams Company are as follows: Prior Current Year Year Cash $41,208 $30,300 Accounts receivable (net) 26,313 53,700 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Account Dollar Change Percent Change Cash Accounts Receivable
Cash and accounts receivable for Adams Company are as follows: Prior Current Year Year Cash $41,208 $30,300 Accounts receivable (net) 26,313 53,700 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Account Dollar Change Percent Change Cash Accounts Receivable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Cash and accounts receivable for Adams Company are as follows:
Prior
Current Year
Year
Cash
$41,208
$30,300
Accounts receivable (net)
26,313
53,700
What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis?
Account
Dollar Change
Percent Change
Cash
Accounts Receivable
ems
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12/14/2021
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