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Question 37 (2 points) Jackson Consulting had the following accounts and balances at December 31: Account Debit Credit Cash $ 20,000 Accounts Receivable 6,000 Prepaid

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Question 37 (2 points) Jackson Consulting had the following accounts and balances at December 31: Account Debit Credit Cash $ 20,000 Accounts Receivable 6,000 Prepaid Insurance 1,500 Supplies 5,000 Accounts Payable $ 5,000 R. Jackson, Capital 16,200 R. Jackson, Withdrawals 1,000 Service Revenue 20,000 Utilities Expense 2,000 Salaries Expense 1.200 Totals $36.700 $ 36,700 Using the information in the table, calculate Jackson Consulting's total assets on December 31st. 1) $16,800. 2) $26.000 3) $32,500. 4) $36,700

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