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Question: just dew it corporatio 2017 and 2018 balance sheets assets...

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JUST DEW IT CORPORATIO 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Accounts payable Notes payable $39,040 $48,720 17.280 Cash Accounts $ 4,000 11.280 14,880 20,400 12,960 receivable Inventory 61,920 90480 $52,000 66,000 $48,000 36,000 ovCommon stock and paid in $ 60000 60000 $ 80,800 122.160 Total Long-term debt Owners equity surplus Total Retained earnings 160.000 318.000 Net plant and equipment $239,200 357840 Total $220,000 378,000 Total liabilities and owners equity Total assets $320,000 $480,000
2017 Sources/ušěs Assets Current assets Cash Accounts receivable Inventory Total 4,000 14,880 61,920 S80,800 11,280 20,400 90,480 S 122,160 Fixed assets Net plant and equipment Total assets S239,200 S320,000 $ 357,840 S 480,000 Liabilities and Owners Equity Current liabilities Accounts payable Notes payable Total S 39,040 12,960 S52,000 $48,000 s 48,720 17,280 S 66,000 $ 36,000 Long-term debt Owners equity Common stock and paid-in surplus Accumulated retained earnings Total S 60,000 160,000 S 220,000 S 320,000 S 60,000 318,000 378,000 480,000 Total liabilities and owners equity None Source Use
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