Cash and accounts receivable for Adams Company are provided below:   Current Year   Prior Year Cash $68,511   $55,700 Accounts receivable (net)   22,064     39,400 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 $fill in the blank 1 fill in the blank 2 %   Accounts Receivable $fill in the blank 4 fill in the blank

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.17E
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Cash and accounts receivable for Adams Company are provided below:

  Current Year   Prior
Year
Cash $68,511   $55,700
Accounts receivable (net)   22,064     39,400

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 $fill in the blank 1 fill in the blank 2 %
 
Accounts Receivable $fill in the blank 4 fill in the blank 5 %
 
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