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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets 2020 2021 Current assets Cash $ 12,000 $ 17,775
Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets 2020 2021 Current assets Cash $ 12,000 $ 17,775 Accounts receivable Inventory 12,750 50,250 16,425 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable 2020 2021 $ 46,875 $55,575 19,125 24,750 56,925 Total $ 75,000 $91,125 Total Long-term debt $ 66,000 $80,325 $30,000 $27,000 Owners' equity Common stock and paid-in surplus $ 45,000 $45,000 Retained earnings 234,000 297,675 $ $ Net plant and equipment $ 358,875 Total $279,000 300,000 342,675 $ Total assets $375,000 450,000 Total liabilities and owners' equity $375,000 450,000 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 "O" wherever required. A negative answer should be indicated by a minus sign.)
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