Cash and accounts receivable for Adams Company are provided below: ...
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Accounting
Cash and accounts receivable for Adams Company are provided below:
Current Year | Prior Year | ||
Cash | $76,998 | $62,600 | |
Accounts receivable (net) | 38,100 | 50,800 |
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 | decrease or increase |
Cash | $ | % | |
Accounts Receivable | $ | % |
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