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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2019
Aug. 31, 2018
Current assets    
Cash and cash equivalents $ 9,652,310 $ 6,097,463
Accounts receivable, net of allowance of $Nil (August 31, 2018 - $Nil) 2,835,952 4,152,492
Inventory, net of allowance of $119,357 (August 31, 2018 - $75,336) (note 3) 6,377,805 9,803,197
Note receivable 1,197 4,000
Prepaid expenses 393,539 347,251
Prepaid income taxes 223,420 114,310
Total current assets 19,484,223 20,518,713
Property, plant and equipment, net (note 4) 2,727,406 3,105,260
Intangible assets, net (note 5) 3,048 3,590
Total assets 22,214,677 23,627,563
Current liabilities    
Accounts payable 410,027 377,092
Accrued liabilities 1,312,580 1,795,207
Total current liabilities 1,722,607 2,172,299
Deferred tax liability (note 6) 61,204 81,853
Total liabilities 1,783,811 2,254,152
Stockholders' equity    
Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value. Issued 3,971,282 common shares (August 31, 2018 -4,314,659) 936,903 1,017,908
Additional paid-in capital 618,707 600,804
Retained earnings 18,875,256 19,754,699
Total stockholders' equity 20,430,866 21,373,411
Total liabilities and stockholders' equity $ 22,214,677 $ 23,627,563