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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 For each account on this company's balance sheet, show the change

Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 image text in transcribed
For each account on this company's balance sheet, show the change in the account during 2021 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 "0" wherever required. A negative answer should be indicated by a minus sign.)
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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Assets 2020 2020 2021 Liabilities and Owners' Equity Current liabilities Current assets Cash $6,600 $15,250 Accounts payable $62,400 $ 65,750 26,400 Accounts receivable 26,600 29,750 Notes payable 31,500 Inventory 75,800 92,250 Total $ 109,000 $137,250 Total $ 88,800 $97,250 Long-term debt $50,000 $40,000 Owners' equity Common stock and paid-in surplus $ 52,000 $ 52,000 Retained earnings 209,200 310,750 Net plant and equipment $291,000 $362,750 Total $ 261,200 $ 362,750 Total assets Total liabilities and owners' equity 400,000 500,000 400,000 500,000 For each account on this company's balance sheet, show the change in the account during 2021 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 "0" wherever required. A negative answer should be indicated by a minus sign.) 2020 Sources/Uses 2021 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ S $ $ $ 6,600 26,600 75,800 109,000 291,000 400,000 62,400 26,400 88,800 50,000 52,000 209,200 261,200 400,000 $ 15,250 29,750 92,250 $ 137,250 $ 362,750 $ 500,000 $ 65,750 31,500 $ 97,250 $ 40,000 $ 52,000 310,750 $ 362,750 $ 500,000

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