Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2020 using horizontal analysis, assuming 2019 is the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e,g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 2 decimal places, e,g 1.25%) Increase (Decrease) in 2020 December 31, December 31, 2019 2020 Amount Percent Current Assets $199,500 $210,000 Plant Assets 829.500 790,000 Total assets $1,029,000 $1,000,000
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
I NEED HELP SORTING THE AMOUNT AND THE PERCENTAGE IN THE IMAGE ATTACHED
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