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James Wilson is a new staff accountant for Zoie s

James Wilson is a new staff accountant for Zoie s Beauty Supply. He has asked you to review the financial statements prepared for April to find and correct any errors. Review the income statement and balance sheet that follow and identify the errors Wilson made (he did not prepare a statement of owner s equity). Prepare a corrected income statement and balance sheet, as well as a statement of owner s equity, for Zoie s Beauty Supply.

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