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Cash and Accounts Receivable for Ashfall Co Based on This Information,what Is the Amount and Percentage of

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Cash and accounts receivable for Ashfall Co.are provided below:
 Current Year  Prior Year Cash$62,400$58,000 Accounts receivable net42,00050,000\begin{array}{lrr}& \underline {\text { Current Year }}& \underline {\text { Prior Year}}\\\text { Cash} &\$ 62,400 & \$ 58,000 \\\text { Accounts receivable net} &42,000 & 50,000\end{array} 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?


Definitions:

Saccharomyces Cerevisiae

A species of yeast commonly used in baking and brewing due to its ability to ferment sugars.

Baker's Yeast

A single-celled fungus used in baking and fermenting alcoholic beverages, known for its ability to convert sugars into carbon dioxide and alcohol.

Infects Trees

The process by which pathogens such as bacteria, viruses, or fungi invade and cause diseases in tree species.

Fungal Hyphae

The long, branching filamentous structure of a fungus, which collectively forms the mycelium.

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