Post closing trial balance 12/31/16 Account Title Debits Credits
Cash 40,000
Accounts receivable 34,000
Inventories 75,000
Prepaid rent 16,000
Marketable securities 10,000
Machinery 145,000
Accumulated depreciation—machinery 11,000
Patent (net of amortization) 83,000
Accounts payable 8,000
Wages payable 4,000
Taxes payable 32,000
Bonds payable (due in 10 years) 200,000
Common stock 100,000
Retained earnings 48,000
Totals 403,000 403,00
Prepare a classified balance sheet for Jackson Corporation at December 31, 2016.

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

answer; to open a new transaction, the user should type the code/0 along with a new transaction code, when done with that the user should press enter to open the transaction; good luck;

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.

answer blank(1).(2); sharpe;