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3 Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. Assets 2017 2018 S JUST DEW IT CORPORATION 2017 and
3 Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. Assets 2017 2018 S JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 12,250 Accounts payable $ 46,400 31,000 Notes payable 20.600 64,250 $ Current assets Cash Accounts receivable Inventory $ 52,750 7,800 15,800 53.400 26,500 -Book Total $ 77,000 $ 107,500 Total $ 67,000 $ 79.250 Print Long-term debt $ 46.000 $ 40,000 erences Owners' equity Common stock and pald-in surplus Retained earnings $ 50,000 $ 50,000 330.750 237,000 Net plant and equipment $323.000 $392,500 Total $ 287.000 $ 380.750 Total assets $400,000 $500,000 Total liabilities and owners' equity $400,000 $500,000 For each account on this company's balance sheet, show the change in the account during 2018 and note whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Leave no cells blank - be certain to enter "O" wherever required. A negative answer should be indicated by a minus slgn.) 2017 Sources/Uses 2018 Assets Current assets Cash $ $ 7,800 15,800 53,400 77,000 12,250 31,000 64,250 107,500 S $ $ $ S 323,000 400.000 392,500 500.000 $ Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 46,400 $ 52,750 26,500 79,250 20,600 67,000 46,000 $ S $ $ 40,000 $ $ 50,000 237,000 287,000 400,000 50,000 330,750 380,750 500,000 $ $ $ $
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