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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets
Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $14,588 35,258 65,567 $115,413 $130,155 $ 17,631 41,019 71,505 Net plant and equipment $477,413 $ 498,421 $ 592,826 $ 628,576 Based on the balance sheets given for Just Dew It Accounts payable Notes payable Total Total 2020 Total liabilities and owners' equity 2021 $ 55,653 $63,073 21,895 25,324 Long-term debt Owners' equity Common stock and paid-in surplus $ 60,000 $60,000 397,278 418,179 Retained earnings $457,278 $478,179 $77,548 $88,397 $ 58,000 $62,000 $ $ 592,826 628,576
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