Financial StatementsAngela Evans is a new staff accountant for Denton Chemical Supply. She...

Financial Statements

Angela Evans is a new staff accountant for Denton Chemical Supply. She 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 Evans made (she 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 Denton Chemical Supply.