Cash and accounts receivable for Adams Company are provided below:
Current Year
Prior Year
Cash
$70,000
$50,000
Accounts receivable net)70,400
80,000
What is the amount and percentage of increase or decrease that would be shown with horizontal analysis?

Question

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The Answer of Cash and accounts receivable for Adams Company are provided below:
Current Year
Prior Year
Cash
$70,000
$50,000
Accounts receivable net)70,400
80,000
What is the amount and percentage of increase or decrease that would be shown with horizontal analysis?

Cash and Accounts Receivable for Adams Company Are Provided Below