Cash and accounts receivable for Adams Company are provided below: Prior Year Cash $50,799 $41,300 Accounts receivable (net) 26,163 45,900 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Dollar Change Percent Change Account Current Year Cash Accounts Receivable %

Cash and accounts receivable for Adams Company are provided below: Prior Year Cash $50,799 $41,300 Accounts receivable (net) 26,163 45,900 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Dollar Change Percent Change Account Current Year Cash Accounts Receivable %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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