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. Assets overstated and Stockholders' Equity understated by $500. Assets understated and Stockholders' Equity understated by $500. None of these answers are correct. Assets overstated and Stockholders' Equity overstated by $500. Assets understated and Stockholders' Equity overstated by $500.