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Cash and Accounts Receivable for Ashfall Co ​
Based on This Information, What Is the Amount and \begin{array}{lrr}

question 135

Essay

Cash and accounts receivable for Ashfall Co. are provided below:  Current Year  Prior Year  Cash $62,400$58,000 Accounts receivable (net) 42,00050,000\begin{array}{lrr} & \text { Current Year } & \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? Round percentages to one decimal place.


Definitions:

Office Of Immigration Statistics

A government entity responsible for collecting, analyzing, and disseminating statistical data and reports on immigration including the movements and characteristics of migrants.

Legal Permanent Residents

Individuals who have been granted the right to live indefinitely within a country other than their native one, without being its citizen.

Permanent Legal Residents

Individuals who have been granted the right to live indefinitely within a country but are not citizens of that country.

Migration Costs

expenses incurred by individuals or families when moving from one location to another, which may include transportation, housing, and administrative costs.

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