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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 2018 2017 2018 Current assets Current liabilities Cash Accounts receivable 29,382 $ 12,157$14,105 32,815 Accounts payable Notes payable $ 46,382 $49,276 19,784 18,246 Inventory 54,632 57,204 $ 96,171 104,124 Total Long-term debt Owners' equity Total $ 64,628 69,060 $ 49,000 45,000 Common stock and paid-in 50,000 50,000 surplus Retained earnings 299,784 315,894 Net plant and equipment $367,241 $375,830 Total $349,784 $365,894 Total liabilities and owners equity Total assets $463,412 $479,954 $463,412 $479,954
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