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MNO Company Assets: Liabilities 5,000 10,000 33.000 300 A/P Wages Payable Income Taxes Payable ,400 $15,000 200 A/R Inventories Supplies $48,300 $17.600 Equipment $6.000 Less:

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MNO Company Assets: Liabilities 5,000 10,000 33.000 300 A/P Wages Payable Income Taxes Payable ,400 $15,000 200 A/R Inventories Supplies $48,300 $17.600 Equipment $6.000 Less: A/D 3,000) Note Payable 3,000 Total Liabilities Stockholders Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & 6.000 25.700 31,700 Total Assets 51.300 Stockholders' Equity 51,300

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