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What is the amount and percentage of increase or decrease

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Question - The comparative accounts payable and long-term debt balances for a company follow.

 

Current Year

Previous Year

Accounts payable

$54,859

$46,100

Long-term debt

28,046

37,900

Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis?

Reference no: EM133088333

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