Cash and accounts receivable for Adams Company are as follows: Cash Current Year Prior Year $67,203 Accounts receivable (net) 32,227 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysi $51,300 48,100

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Cash and accounts receivable for Adams Company are as follows:
Cash
$67,203
Accounts receivable (net)
32,227
What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis?
Dollar Change Percent Change
Account
Cash
Current Year
Accounts Receivable
Prior
Year
$51,300
48,100
%
%
Transcribed Image Text:Cash and accounts receivable for Adams Company are as follows: Cash $67,203 Accounts receivable (net) 32,227 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Dollar Change Percent Change Account Cash Current Year Accounts Receivable Prior Year $51,300 48,100 % %
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