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At December 31, 2018, Jackson Corporation has cash of $52 million, accounts receivable of $23 million, and long-term assets of $45 million. The company owes
At December 31, 2018, Jackson Corporation has cash of $52 million, accounts receivable of $23 million, and long-term assets of $45 million. The company owes accounts payable of $21 million and has a long -term note payable of $31 millionJackson has common stock of $28 million and retained earnings of $40 millionPrepare Jackson Corporation's balance sheet at December 31, 2018, complete with its proper heading .
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