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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash $11,000 $14,250 Accounts receivable 27,000 36,750
Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash $11,000 $14,250 Accounts receivable 27,000 36,750 Inventory 75,000 96,250 Total $113,000 $147,250 2020 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Total assets $ Net plant and equipment 287,000 352.750 Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total $ $ 400,000 500,000 Total liabilities and owners' equity 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.) Snurces/Uses 2020 2021 $54,000 $63,750 14,800 20,500 $ 68,800 $ 84,250 $50,000 $40,000 $ 55,000 $ 55,000 226,200 320,750 $281,200 $ 375,750 $ 400,000 500,000 2021
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