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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2017 Current assets Current liabilities Cash Accounts $ 10,620 $13,275 29,925 82,575 $ 99,900$125,775 Accounts payable Notes payable 52,560 60,750 24,075 21,420 19,260 receivable Inventory 67,860 Total Total $ 71,820 84,825 Long-term debt $36,000 27000 Owners' equity Common stock and paid-in $ 45,000 45,000 293,175 surplus Retained earnings 207180 Net plant and equipment $260,100 $324,225 Total $252,180 338,175 Total liabilities and owners' equity Total assets $360,000 $450,000 $360,000 $450,000
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