17 The Cash and Accounts Receivable end-of-year balances for a company are provided below. ...
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Accounting
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The Cash and Accounts Receivable end-of-year balances for a company are provided below.
|
| Current Year |
| Prior Year |
| Cash | $85,120 |
| $66,500 |
| Accounts receivable (net) | 27,494 |
| 46,600 |
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.
| Account | Dollar Change |
| Percent Change |
|
|
| Cash | $ | % |
| ||
| Accounts Receivable | $ | % |
| ||
increase,decrease
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