Question: Using these data from the comparative balance sheets of Sunland Company, perform a horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022
Using these data from the comparative balance sheets of Sunland Company, perform a horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $463,600 $380,000 880,400 620,000 2,961,720 2,598,000 (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e.g. (45).) December 31, 2022 December 31, 2021 Accounts receivable $463,600 $380,000 $ (net) Inventory 880,400 620,000 Total assets 2,961,720 2,598,000 Increase or (Decrease) Amount Percentage
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