Question: The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $33,462 $42,900 Long-term debt 74,415 61,500 Based

The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $33,462 $42,900 Long-term debt 74,415 61,500 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 %

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