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Monday, September 23, 2019
The comparative accounts payable and long-term debt balances for a company are provided below. 2014 2013 Accounts payable $111,000 $100,000
The comparative accounts payable and long-term debt balances for a company are provided below.
2014 2013
Accounts payable $111,000 $100,000
Long-term debt 132,680 124,000
Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis?
Answer:
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