Cash and accounts receivable for Adams Company are provided below: Prior Year Cash $50,799 $41,300 Accounts receivable (net) 26,163 45,900 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. Dollar Change Percent Change Account Current Year Cash Accounts Receivable %

Cash and accounts receivable for Adams Company are provided below: Prior Year Cash $50,799 $41,300 Accounts receivable (net) 26,163 45,900 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. Dollar Change Percent Change Account Current Year Cash Accounts Receivable %

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 23CE: Cash Receipts from Customers Singleton Inc. had accounts receivable of $22,150 at January 1, 2019,...

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