Financial statements are the primary means of n Mana es oli make decisions dany that wil have an erfect on the elements ou e accounting equation: Assets-LiabilaiesOv ners' Equity Mana erial accountin inancial information to users. It is important to have a firm understanding of the income statement, balance sheet, and statement of cash reports use these same financial statements but also incorporate affect the accounting equation The following spreadsheet is for Manhattan Family Dentistry on January 1 of the current year nformation that will assist internal users in making strate c and tactical decisions. For thes reason, important for you to understand how decisions will Complete the following balance sheet for Manhattan Family Densistry on January 4 of the curent year Balance Sheet anaary 1,20- Liabilbes &Stockholders Equity 190.000 501000Total labiltes and owners equty Duing the first few days of January, he following transactions occurred 2 The business colected $16,000 of s accounts receivable and paid $23,000 of ts accounts Adstional capital stock was issued in exchange for $27,000 cash