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Cash and accounts receivable for Adams Company are as follows:   Current Year   Prior Year Cash $63,104   $54,400 Accounts receivable (net) 34,736   66,800 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Account Dollar Change   Percent Change     Cash $fill in the blank 1 fill in the blank 2 %   Accounts Receivable $fill in the blank 4 fill in the blank 5 %

Cash and accounts receivable for Adams Company are as follows:   Current Year   Prior Year Cash $63,104   $54,400 Accounts receivable (net) 34,736   66,800 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Account Dollar Change   Percent Change     Cash $fill in the blank 1 fill in the blank 2 %   Accounts Receivable $fill in the blank 4 fill in the blank 5 %

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.17E
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    Cash and accounts receivable for Adams Company are as follows:

      Current Year   Prior Year
    Cash $63,104   $54,400
    Accounts receivable (net) 34,736   66,800

    What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis?

    Account Dollar Change   Percent Change    
    Cash $fill in the blank 1 fill in the blank 2 %
     
    Accounts Receivable $fill in the blank 4 fill in the blank 5 %
     
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