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jacobbrandon2002
jacobbrandon2002
20.09.2019 • 
Business

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 $ 6,560 $ 8,600 accounts payable $ 51,840 $ 53,000 accounts receivable 16,160 22,600 notes payable 21,600 23,600 inventory 61,280 74,600 total $ 84,000 $ 105,800 total $ 73,440 $ 76,600 long-term debt $ 32,000 $ 30,000 owners’ equity common stock and paid-in surplus $ 40,000 $ 40,000 retained earnings 174,560 253,400 net plant and equipment $ 236,000 $ 294,200 total $ 214,560 $ 293,400 total assets $ 320,000 $ 400,000 total liabilities and owners’ equity $ 320,000 $ 400,000 prepare the 2018 common-base year balance sheet for just dew it. (do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

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