Question: Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2019 Accounts receivable December 31, 2020 $463,600 861,800 2,669,550

 Using these data from the comparative balance sheet of Rollaird Company,

Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2019 Accounts receivable December 31, 2020 $463,600 861,800 2,669,550 Inventory $380,000 620,000 2,405,000 Total assets (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Increase or (Decrease) Amount Percentage December 31, 2020 December 31, 2019 Accounts receivable $463,600 $380,000 % $ Inventory 861,800 620,000 % Total assets 2,669,550 2,405,000 %

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