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-Assume retained earnings as of Dec. 31is $80,000. Based on the given data, what is the TOTAL amount of Stockholders' Equity as of Dec.31st -The

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-Assume retained earnings as of Dec. 31is $80,000. Based on the given data, what is the TOTAL amount of Stockholders' Equity as of Dec.31st
-The amount of operating income (income from operations)
-The amount to be classified as current liabilities on December 31
LO1. The following are account balances of Jackson Company (in random order) as of Dec. 31, 2019. 30,000 Accounts Receivable Building 188,000 6,000 48,000 Cash Cost of Goods Sold Depreciation Expense Dividends Gains in disposal of assets Interest Expense Land Patent Preferred Stock 6,000 10,000 8,000 4,000 36,000 10,000 30,000 Accounts Payable 38,000 Accumulated Depreciation- 24,000 Building Accumulated other 4,000 comprehensive income Debit Allowance for Bad Debts 2,000 Credit Bad Debts Expense 4,000 Bonds Payable (due in 5 years) 64,000 Common Stock (par $10) 100,000 Discounts on Bonds Payable 4,000 FICA Taxes Payable 8,000 Merchandise Inventory 36,000 Paid-In-Capital in Excess of 20,000 Par-Com. Stock Paid-In-Capital in Excess of 16,000 Par-Pref. Stock Rent Expense 12,000 Retained Earnings, Jan. 1 30,000 Salaries Expense 40,000 Sales 164,000 Prepaid Rent Salaries Payable Sales Returns Sales Taxes Payable Treasury Stock 4,000 6,000 4,000 6,000 16,000

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