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Prepare the 2018 combined common-size, common-base year balance sheet for Ju Dew It. (Do not round intermediate calculations and round your answers to 4 decim
Prepare the 2018 combined common-size, common-base year balance sheet for Ju Dew It. (Do not round intermediate calculations and round your answers to 4 decim places, e.g., 32.1616.) Just Dew t Corporation reports the following balance sheet information for 2017 and 2018. 2017 2018 Assets JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Current assets 6,600 26,600 75,800 Cash 15,250 29,750 92,250 $109,000 137,250 Assets Liabilities and Owners' Equity 2017 $ 6,600 15.250 26,600 75,800 2018 2018 Accounts receivable Current assets Current liabilities Cash Accounts Accounts payable Notes payable $ 62.400 65,750 31.500 Total 29,750 92,250 $109,000 137250 26,400 recelvable Inventory Fixed assets Net plant and equipment Total assets $291,000 362,750 $400,000 500,000 Total $ 83,800 97,250 Total Long-term debt Owners' equity 50,000 40,000 Liabilities and Owners' Equity Current liabilities Common stock and peid-in $ 52,000 52.000 surplus 209,200 $261,200 362,750 $400,000 Accounts payable Notes payable Total 62,400 $ 26,400 88,800 S 50,000 S 65,750 31,500 97,250 40,000 Retained earnings 310,750 Net plant and equipment $291,000 S362,750 Total Long-term debt Owners' equity $500000 equity Total llabilitie s and owners Total assets $500000 Common stock and paid-in surplus Accumulated retained earnings Total 52,000 310,750 $ 261,200 362,750 $400,000 $ 500,000 52,000 $ 209.200 Total liabilities and owners' equity
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