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please help ASAP! thanks B Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT CORPORATION 2020 and
please help ASAP! thanks
B Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity Current assets Current liabilities Cash $ 6,600 $ 12,750 Accounts payable Accounts receivable 12,200 14,250 Notes payable Inventory 78,200 95,250 2020 2021 $ 50,000 $ 68,750 19,000 35,500 pped Total $197,000 $ 122,250 Total $ 69,000 104,250 Jook rint Long-term debt $ 48,000 $ 45,000 Owners' equity Common stock and pald-in surplus $50,000 $50,000 Retained earnings 233,000 300.750 $ $ 377,750 Total 283,000 350,750 rences Net plant and equipment 303,000 Total assets 400,000 500,000 Total liabilities and owners' equity $ 400,000 500,000 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 "0" wherever required. A negative answer should be indicated by a minus sign.) 2020 Sources/Uses 2021 Assets Current assets 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.) 2020 Sources/Uses 2021 Assets Current assets Cash $ $ 6,600 12,200 78,200 97,000 12,750 14,250 95,250 122,250 $ $ $ $ $ 4803,000 $ 400,000 377,750 500,000 $ 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 paid-in surplus Retained earnings Total Total liabilities and owners' equity $ $ $ 50,000 19,000 69,000 48,000 68,750 35,500 104,250 45,000 $ $ $ $ $ $ 50,000 233,000 283,000 400,000 $ $ 50,000 300,750 350,750 500,000 $ $ Step by Step Solution
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