Question: 259. Calculate the percentages of increase and decrease for the following items (round to nearest percentage): 2021 2020 Cash $80,000 $90,000 Accounts Receivable 156,000 85,000

259. Calculate the percentages of increase and decrease for the following items (round to nearest percentage): 2021 2020 Cash $80,000 $90,000 Accounts Receivable 156,000 85,000 Merchandise inventory 435,000 375,000 Equipment 1,420,500 1,450,000 Bonds payable 410,000 520,000 Retained earnings 295,000 285,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!