JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity
2017 28 2017 2018
Current assets Current liabilities $ 12,157 $ 14,105
Accounts payable 46,382 $ 49,276
Accounts receivable 29,382 32,815
Notes payable 18,24619.784 $ 64.628 $ 69.060
Cash 29.382 32,815
Notes payable 54,632 57,204
Inventory
Total Total
$ 96,171 $104.124
Long-term debt 49,000 $ 45.000
Owners' equity Common stock and paid-in surplus 50,000 $ 50,000
Retained earnings 299,784315,894 $349.784 $365.894
Net plant and equipment $367.241 $375.830
Total Total liabilities and Total assets $463,412 $479,954 owners' equity $463,412 $479,954 13.
Preparing Standardized Financial Statements [LO1] Prepare the 2017 and 2018 14. Preparing Standardized Financial Statements ILO1]
Prepare the 2018 15.
Preparing Standardized Financial Statements [LO1] Prepare the 2018 com- common-size balance sheets for Just Dew It. common-base year balance sheet for Just Dew It. bined common-size, common-base year balance sheet for Just Dew It.