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Liabilities and Owners' Equity Current Liabilities: Accounts Payable 20622.11 Wages Payable 2706.62 Interest Payable 169.17 Total Current Liabilities 23,497.90 Long Term Liabilities: Notes Payable 20,000.00

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Liabilities and Owners' Equity Current Liabilities: Accounts Payable 20622.11 Wages Payable 2706.62 Interest Payable 169.17 Total Current Liabilities 23,497.90 Long Term Liabilities: Notes Payable 20,000.00 Total Long Term Liabilities: 20,000.00 Total Liabilities: 43,497.90 Retained Earnings 74,036.30 Total Equity 74,036.30 Total Liabilities & Equity 117,534.20

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