Selected information is taken from the financial statements of Little Company for two successive years follows. Compute the percentage change from 2020 to 2019 whenever possible. XXXXXXXXXX Accounts...


Selected information is taken from the financial statements of Little Company for two successive years follows. Compute the percentage change from 2020 to 2019 whenever possible.


2020 2019



  1. Accounts receivable............................... P126, 00 P150,000

  2. Marketable securities............................. -0- 250,000

  3. Retained earnings................................... 80,000 (80,000)

  4. Notes receivable..................................... 120,000 -0-

  5. Notes payables........................................ 860,000 800,000

  6. Cash......................................................... 82,400 80,000

  7. Sales.................................................. 990,000 900,000



Jun 05, 2022
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