The comparative accounts payable and long-term debt balances for a company follow. ...
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Accounting
The comparative accounts payable and long-term debt balances for a company follow.
Current Year
Previous Year
Accounts payable
$54,405
$46,500
Long-term debt
40,474
41,300
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.
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