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13. Preparing Standardized Financial Statements -Prepare the 2014 and 2015 common-size balance sheets for Just Dew It. 14. Prepare the 2015 common- base year balance

13. Preparing Standardized Financial Statements -Prepare the 2014 and 2015 common-size balance sheets for Just Dew It.
14. Prepare the 2015 common- base year balance sheet for Just Dew It. image text in transcribed
Jus and 2015. Use this informalol JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets 2014 201 2014 2015 Current liabilities Current assets $ 11,135 $ 13,407 Accounts payable 45,166 $ 4 Cash Accounts receivable Inventory 28,419 30,915 Notes payable 51,163 56,295 17.773 18.257 62,939 S 66,442 Total Total $ 90,717 $100,617 44,000 39,000 Long-term debt Owners' equity Common stock and paid-in surplus 50,000 50,000 Retained earnings 260,234 302,735 $310,234 $352,735 $417,173 $458,177 Financial Statements [LO1] Prepare the 2014 and 201 Preparing Standardized Financial Statements [LO1] Prepare the 2015 commo Net plant and equipment $326,456 $357,560 Total Total assets Total liabilities and $417,173 $458,177 owners' equity 13. common-size balance sheets for Just Dew It. 14. base year balance sheet for Just Dew It

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