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The following is a December 3 1 , 2 0 2 4 , post - closing trial balance for the Jackson Corporation. table [

The following is a December 31,2024, post-closing trial balance for the Jackson Corporation.
\table[[Account Title,Debits,Credits],[Cash,$48,000,],[Accounts receivable,42,000,],[Inventory,83,000,],[Prepaid rent (for the next 8 months),24,000,],[Investment in equity securities (short term),18,000,],[Machinery,185,000,],[Accumulated depreciation,87,000,$19,000
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