Question: 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.,
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.) 2017 2018 Assets Current assets Cash $ 10,620 $ 21,420 67,860 99,900 $ 13,275 29,925 82,575 125,775 $ $ $ 260,100 $ 360,000 $ 324 225 450,000 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 Accumulated retained earnings Total $ $ 52,560 $ 19,260 $ 71,820 S 36 000 $ 60,750 24.075 84 825 27 000 $ $ s 45,000 $ 207,180 252 180 $ 360.000 S 45,000 293, 175 338, 175 450 000 S Total liabilities and owners' equity
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