Prepare a schedule showing a horizontal analysis for 2009, Ask an Expert

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Accounting help! Financial information for Blevins Inc. is presented below. December 31, 2009 December 31,?

Financial information for Blevins Inc. is presented below.
December 31, 2009 December 31, 2008
Current assets $125,000 $100,000
Plant assets (net) 396,000 330,000
Current liabilities 91,000 70,000
Long-term liabilities 133,000 95,000
Common stock, $1 par 161,000 115,000
Retained earnings 136,000 150,000
Instructions
Prepare a schedule showing a horizontal analysis for 2009 using 2008 as the base year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M961404

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