Assets | 2017 | Sources | Uses | 2018 |
Current assets | ||||
Cash | 7400 | 7720 | 15120 | |
Accounts receivable | 23400 | 1800 | 25200 | |
Inventory | 76200 | 12840 | 89040 | |
Total | 107000 | 129360 | ||
Fixed assets | ||||
Net plant and equipment | 293000 | 57640 | 350640 | |
Total assets | 400000 | 480000 | ||
Liabilities and Owners' Equity | ||||
Current liabilities | ||||
Accounts payable | 61600 | 560 | 62160 | |
Notes payable | 14400 | 3840 | 18240 | |
Total | 76000 | 80400 | ||
Long term debt | 48000 | 12000 | 36000 | |
Owners' equity | ||||
Common stock and paid-in surplus | 60000 | 60000 | ||
Accumulated retained earnings | 216000 | 87600 | 303600 | |
Total | 276000 | 363600 | ||
Total liabilities and owners' equity | 400000 | 480000 | ||
Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018...
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 $ 7,400 $ 15,120 Accounts payable $ 61,600 $ 62,160 Accounts receivable 23,400 25,200 Notes payable 14,400 18,240 Inventory 76,200 89,040 Total $ 107,000 $ 129,360 Total $ 76,000 $ 80,400 Long-term debt $ 48,000 $ 36,000 Owners’ equity Common stock and...
Saved ment Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 18,260 Accounts payable $ 58,400 23,100 Notes payable 23.400 54,780 $ 96,140 Total $ 81,800 $ 14,200 19,000 51,800 $ 61,820 25,080 $ 86,900 Total $ 85,000 $ 22,000 Long-term debt $ 32,000 Owners' equity Common stock and paid-in $ 44,000 surplus Retained earnings 242,200 $ 44,000 287,100 Total $286,200 $...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 11,250 $ 19,440 Accounts payable $ 30,600 $ 49,200 Accounts receivable 11,850 16,080 Notes payable 24,900 31,200 Inventory 39,150 60,240 Total $ 62,250 $ 95,760 Total $ 55,500 $ 80,400 Long-term debt $ 27,000 $ 24,000 Owners’ equity Common stock and paid-in surplus $ 48,000 $ 48,000 Retained earnings 169,500 327,600 Net plant and equipment $...
JUST DEW IT CORPORATION . 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 39,040 48,720 17,280 $ 4,000 11.280 20,400 90,480 $80,800 122,160 Cash Accounts Accounts payable Notes payable 14,880 12,960 receivable Inventory 61,920 Total $52.000 66,000 $ 48,000 36,000 Total Long-term debt Owners' equity surplus Common stock and paid-in $60,000 60,000 160,000 318,000 $220,000 $378.000 Total liabilities and owners' $320,000 $480,000 Retained earnings Net plant and equipment $239,200...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 6,600 $ 12,750 Accounts payable $ 50,000 $ 68,750 Accounts receivable 12,200 14,250 Notes payable 19,000 35,500 Inventory 78,200 95,250 Total $ 97,000 $ 122,250 Total $ 69,000 $ 104,250 Long-term debt $ 48,000 $ 45,000 Owners’ equity Common stock and paid-in surplus $ 50,000 $ 50,000 Retained earnings 233,000 300,750 Net plant and equipment $...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 $ Current assets Cash Accounts receivable Inventory 6,600 12,200 78.200 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 12,750 Accounts payable $ 50,000 14,250 Notes payable 19,000 95,250 $ 122,250 Total $ 69.000 Long-term debt $ 48,000 $ 68,750 35,500 Total $ 97,000 $ 104,250 $ 45,000 Owners' equity Common stock and paid-in...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 14,600 Accounts payable $ 40,000 19,200 Notes payable 14,240 51,000 $ 13.280 Current assets Cash Accounts receivable Inventory $ 41,800 7.520 21,600 42,400 Total $ 63,200 $ 84,800 Total $ 54,240 $ 63,400 Long-term debt $ 32,000 $ 24,000 Owners' equity Common stock and paid-in...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash Accounts $ 40,000 41,800 21,600 $ 13,280 $14,600 19,200 51,000 $ 63,200 $84,800 Accounts payable Notes payable 7,520 14,240 receivable Inventory 42,400 Total Total $ 54,240 63,400o Long-term debt 32,000 24,000 Owners' equity Common stock and paid-in $ 40,000 40,000 surplus 272,600 $233,760 312,600 Total liabilities and owners $320,000 $400,000 Retained earnings 193,760 Net plant and equipment...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 Current assets Cash Accounts receivable Inventory $ 7,950 23,550 36,750 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 2018 Current liabilities $ 11,800 Accounts payable $ 40,500 $ 45,800 29,000 Notes payable 14,850 20,800 47.000 $ 87,800 Total 55,350 $ 66,600 Long-term debt $ 30,000 $ 24,000 Owners' equity Common stock and $42.000 $ 42,000 paid-in surplus...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 2017 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2018 2017 2018 Current liabilities $ 6,600 $ 12,750 Accounts payable $50,000 $ 68,750 12,200 14.250 Notes payable 19,000 35,500 78,200 95,250 $ 97,000 $ 122,250 Total $ 69,000 $104.250 Long-term debt $ 48,000 $ 45,000 Total Owners' equity Common stock and paid-in surplus Retained...