Chapter 3 Saved Help Save & Exi 1 The following is a December 31, 2018, post-closing trial balance for the Jackson Corporation. Debits Credits S55,000 49, 000 90,000 31,000 25,000 220,000 Account Title Cash Acco ants receivable Inventories Prepaid rent for the next 8 months Marketable securities (short term) Machinery Accumulated depreciation-machinery Patent (net of amortization) Accounts payable Wages payable Taxes payable Bonds payable (due in 10 years) 25 points S 26,000 94,000 15, 500 11,500 47,000 220,000 180,000 eBook Print Common stock References Retained earnings 64,000 Totals $564,000 $564,000 Required: Prepare a classified balance sheet for Jackson Corporation at December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) JACKSON CORPORATION Balance Sheet At December 31, 2018 Mc TW Prev 1 of 4 Next > tosetien Type here to search Z99+ Chapter 3 1 Required Prepare a classifed belance sheet for Jackson Corparation at December 31, 2018 (Am so b educted should be indicaned by minus sign) JACKSON CORPORATION 25 poires Balance Sheet At December 31, 2018 etooks rences Nest Pr 1 of 4 e