Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020
Posted: Mon Jan 17, 2022 8:07 am
For each account on this company's balance sheet, show the change in the account during 2021 and note whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign.) 2020 Sources/Uses 2021 $ $ 14,588 35,258 65,567 17,631 41,019 . 71,505 130,155 $ 115,413 $ $ $ 477,413 592,826 $ $ 498,421 628,576 Assets Current assets Cash 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 Total liabilities and owners' equity $ $ 55,653 21,895 77,548 58,000 63,073 25,324 88,397 62,000 $ $ $ $ $ $ 60,000 397,278 457 278 592,826 60,000 418,179 478,179 628,576 $ $ $ $