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Determine the impact on the balance sheet accounts if the following information is not used to adjust the accounts of Mood Food Company for the

Determine the impact on the balance sheet accounts if the following information is not used to adjust the accounts of Mood Food Company for the month of January, 2013: (Round to nearest dollar) The company has an outstanding loan to its President in the amount of $100,000. The loan accrues interest at the annual rate of 6%. Principal and interest are due January 1, 2015.

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