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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2020
Aug. 31, 2019
Current assets    
Cash and cash equivalents $ 3,801,037 $ 9,652,310
Accounts receivable, net of allowance of $0 (August 31, 2019 - $0) 6,274,426 2,835,952
Inventory, net of allowance of $65,000 (August 31, 2019 - $119,357) (note 3) [1] 9,198,146 6,377,805
Note receivable 0 1,197
Prepaid expenses 1,036,128 393,539
Prepaid income taxes 0 223,420
Total current assets 20,309,737 19,484,223
Property, plant and equipment, net (note 4) [2] 2,967,565 2,727,406
Intangible assets, net (note 5) [3] 659 3,048
Total assets 23,277,961 22,214,677
Current liabilities    
Accounts payable 1,095,061 410,027
Current portion of notes payable (note 8) [4] 342,326 0
Income taxes payable 40,596 0
Accrued liabilities 2,016,300 1,312,580
Total current liabilities 3,494,283 1,722,607
Notes payable (note 8) [4] 338,381 0
Deferred tax liability (note 6) [5] 96,952 61,204
Total liabilities 3,929,616 1,783,811
Stockholders' equity    
Capital stock (note 9, 10) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,481,162 common shares (August 31, 2019 - 3,971,282) [6] 821,284 936,903
Additional paid-in capital 618,707 618,707
Retained earnings 17,908,354 18,875,256
Total stockholders' equity 19,348,345 20,430,866
Total liabilities and stockholders' equity $ 23,277,961 $ 22,214,677
[1] BS1
[2] BS2
[3] BS3
[4] BS4
[5] BS5
[6] BS6