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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. 2011 Lurrent Cash Account $ 025 22.225 44625 Inventory JUST DEWIT
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. |
2011 Lurrent Cash Account $ 025 22.225 44625 Inventory JUST DEWIT CORPORATION 2017 and 2018 Balance Sheets Labies and Owners' Equity 2018 2017 208 Currentes $ 1970 Accounts payable $ 4350 $ 47,250 26,670 Nobes payat 24.780 51450 $ 0.00 To $ 6.0 S720.10 Long term debe $ 35.000 $ 2.000 Owner Common stock and paid $42.000 $ 42.000 surplus Retained earnings 204.925 284970 Total $ Ne past and Quipment $ 272.125 $329.90 Total $246.925 $26.970 Totalasses $350,000 $420,000 Total and owners couty $350,000 5420 000 2017 Sources/Uses 2018 $ Ass Currentes Cash Accounts receive Inventory Total $ 11.005 22.225 1625 77 375 11,970 20.070 51.450 00090 $ Net plant and equipment Tots els Les and Owners' Equity 272.125 350.000 $ $ 5 WOO 420.000 $ 43.750 24 325 68075 35.000 $ 5 47,250 24.780 72,000 21,000 5 $ Accounts payable Notes pa Total ong-term Owners equity Common stock and pardi surplus Accumuned earnings Total talles and owners'uty $ $ $ 42.000 204,5 245,905 350,000 42,000 284.970 320 970 420 000 $ $
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