Question: Need help preparing a balance sheet with this information! The following is a December 31, 2018, post-closing trial balance for the Jackson Corporation. Account Title

Need help preparing a balance sheet with this information!

The following is a December 31, 2018, post-closing trial balance for the Jackson Corporation. Account Title Debits CreditsCash $ 53,000Accounts receivable 52,000Inventories 93,000 Prepaid rent for the next 0 months 34,000Marketable securities {short term) 28,000 Machinery 235,000 Accumulated depreciation—machinery 5 29,000Patent [net of amortization} 97,000 Accounts payable 17,000Wages payable 13,000Taxes payable 50,000Bonds payable (due in 10 years} 250,000Common stock 160,000Retained earnings 78,000Totals $597,000 $597,000 Required: Prepare a classified balance sheet for Jackson Corporation at December 31. 2018. (Amount: to be deducted should be indicated by aminus sign.)

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