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Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment Total
Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Jackson Corporation Balance Sheet December 31, 20X1 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Notes payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity Preferred stock, $ 50 par value Common stock, $ 1 par value Capital paid in excess of par Retained earnings Total stockholders' equity $ 672,000 216,000 $ 56,000 22,800 203,000 263,000 $ 544,800 64,700 456,000 $ 1,065,500 d $ 97,100 75,100 11,700 $ 183,900 150,700 $ 334,600 $ 100,000 80,000 190,000 360,900 $ 730,900 1 Bc ch
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