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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

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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 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Assets 2020 Current assets Cash $ 14,588 Accounts receivable Inventory $17,631 35,258 41,019 65,567 71,505 Total $ 115,413 $130,155 Total Long-term debt Owners' equity 2020 2021 $55,653 $ 63,073 21,895 25,324 $77,548 $88,397 $ 58,000 $62,000 Common stock and paid-in surplus $60,000 $60,000 Retained earnings Net plant and equipment $477,413 $498,421 Total Total assets $628,576 Total liabilities and owners' equity 592,826 397,278 418,179 $ 457,278 $478,179 $ 592,826 628,576

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