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Exercise 3-4 (Algo) Balance sheet preparation [LO3-2, 3-3] The following is a December 31,2024 , post-closing trial balence for the Jackson Corporation. Required: Prepare a
Exercise 3-4 (Algo) Balance sheet preparation [LO3-2, 3-3] The following is a December 31,2024 , post-closing trial balence for the Jackson Corporation. Required: Prepare a classified balance sheet for Jackson Corporation at December 31, 2024, by properly classifying each of the accounts. Note: Amounts to be deducted should be indicated by a minus sign. JACKSON CORPORATION Balance Sheet At December 31, 2024 figor. Assets Property, plant, and equipment Intangible assets: Liabilities and Shareholders' Equity Current liabilities: Shareholders' equity: \begin{tabular}{|c|c|l|} \hline & & \\ \hline Total shareholders' equity & & \\ \hline Total liabilities and shareholders' equity & & \\ \hline \end{tabular}
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