Question: asic Exercises BE 14-1 Horizontal analysis Obj. 2 The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts

asic Exercises BE 14-1 Horizontal analysis Obj. 2 The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year 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 on a balance sheet with horizontal analysis? SHOW ME HOW

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