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Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. 2018 Current assets Cash Accounts receivable Inventory Assets 2017 $ 10,620
Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. 2018 Current assets Cash Accounts receivable Inventory Assets 2017 $ 10,620 21,420 67,860 $ 99,900 $ 60,750 24.075 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 13,275 Accounts payable $ 52,560 29,925 Notes payable 19.260 82,575 $ 125,775 Total $ 71,820 Long-term debt $ 36,000 Owners' equity Common stock and pald-in $ 45.000 surplus Retained earnings 207.180 Total $ 84.825 $ 27,000 $ 45,000 293,175 Net plant and equipment $ 260,100 $324 225 Total $ 252,180 $ 338.175 Total assets $360,000 $450,000 Total liabilities and owners equity $360,000 $450,000 Prepare the 2018 common-base year balance sheet for Just Dew It. (Do not round Intermediate calculations and round your answers to 4 decimal places, e.g.. 32.1616.) 2017 2018 Assets $ $ 10,620 21,420 67.880 99,900 13,275 29,925 82,575 125,775 $ $ $ $ 280,100 380,000 $ $ 324 225 450,000 Current assets 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' eauitv $ $ $ $ 52,560 19,280 71,820 38,000 $ $ $ $ 60,750 24,075 84,825 27,000 $ $ 45,000 207,180 252,180 380.000 45,000 293,175 338,175 450.000 $ $ $
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