(Answered) The comparative accounts payable and long-term debt

Finance

The comparative accounts payable and long-term debt balances of a company are provided below.

	2012	2011
Accounts payable	$114,000	$100,000
Long-term debt	143,000	130,000

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?

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