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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 Current assets JUST DEW IT CORPORATION 2017 and
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 Current assets JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 13,275 Accounts payable $ 52,560 29,925 Notes payable 19,260 82,575 Cash $ 10,620 21,420 67.860 $ 60,750 24,075 Accounts recelvable Inventory Total $ 99,900 $ 125,775 Total $ 71,820 $ 84,825 Long-term debt $ 36,000 $ 27,000 Owners' equity Common stock and paid in surplus Retained earnings $ 45,000 $ 45,000 207,180 293,175 Net plant and equipment $ 260100 $324 225 Total $ 252,180 $ 338.175 Total assets $360,000 $450,000 Total liabilities and owners equity $360,000 $450,000 Prepare the 2018 common-base year balance sheet for Just Dew it. not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) 2017 2018 Assets Current assets $ 10,620 $ 21,420 67,860 99,900 $ 13,275 29,925 82,575 125,775 $ $ 260,100 $ 360,000 $ 324 225 450,000 $ Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and pald-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 60,750 24,075 $ 52,560 $ 19,260 $ 71,820 $ 36,000 $ $ 84,825 27,000 $ $ 45,000 293.175 45,000 $ 207,180 252,180 $ 360,000 $ $ 338.175 $ 450,000
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