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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Zoie's Beauty Supply Income Statement April 30, 2019 Revenue Fees Income 381810101 00 Expenses Salartes Expense Rent Expense Repalr Expense Utlities Expense Drawing 950000 2500 00 810101 00 1171010100 5 00 00 Total Expenses Net Income 9900 00 23 600 00 Zoie's Beauty Supply Balance Sheet Month Ended April 30, 2019 Assets Liabiltes Land Buwlding Cash Accounts Payable Total Assets 00 Accounts Recelvable 40 Owners Equity 00Zole Taylor, Capital, April 1, 2019 00 Total Liabiitles and Owner's Equrty 49 56 56