Check JUST DEWIT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 Liabilities and Owners Equity 2018 2017 2018 Current assets Cash Accounts receivable Inventory $ 4,350 11,550 58,350 $ 9,800 14,200 75,800 Current liabilities Accounts payable Notes payable $ 48,000 10,350 $ 49,800 18.600 Total $ 74,250 $ 99,800 $ 58,350 $ 68,400 Total Long-term debt $ 42,000 $ 34,000 Owners' equity Common stock and paid in surplus Retained earnings $ 45,000 154650 $ 45,000 252.600 Net plant and equipment $225,750 $300,200 Total $ 199,650 5297600 $400.000 Total assets $300,000 Total liabilities and owners equity $300,000 $400,000 Active 2017 % 2018 Assets Current assets $ 9,800 % 4,350 11,550 58,350 74,250 % % 14,200 75,800 99,800 % % $ % % $ $ 225,750 300,000 300,200 400,000 % % Cash 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 $ % % % 48,000 10.350 58,350 42,000 49,800 18,600 68,400 34,000 % % % GAGA % $ 45 000 % % % % 45,000 252,600 297 600 400 000 154 650 199,650 300,000 $ % $ % 9