The comparative accounts payable and long-term debt balances of a company are provided below.
|
2014 |
2013 |
| Accounts payable |
$45,630 |
$39,000 |
| Long-term debt |
45,937 |
64,700 |
Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis? Enter all answers as positive numbers.
|
Amount of Change |
Increase/Decrease |
Percentage |
| Accounts payable |
$ |
SelectIncreaseDecreaseItem 2 |
% |
| Long-term debt |
$ |
SelectIncreaseDecreaseItem 5 |
% |