Horizontal Analysis

The comparative accounts payable and long$-$term debt balances for a company follow.

Current Year Previous Year

Accounts payable $$50,215$ $$41,500$

Long$-$term debt $60,84474,200$

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? Enter all answers as positive numbers.

Amount of Change Increase$/$Decrease Percentage

Accounts payable $fill in the blank $1$

fill in the blank $3$

$\%$

Long$-$term debt $fill in the blank $4$

fill in the blank $6$

$\%$Horizontal Analysis

The comparative accounts payable and long$-$term debt balances for a company follow.

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? Enter all answers as positive numbers.