- + fie to page Page view Eric Wood, CPA, was organized on January 1, 2015, as a proprietorship. Ust the 12 errors that you find in the following financial statements for the three months ended March 31, 2015. Eric Wood, CPA Income Statement For the Three Months Ended March 31, 2015 $9.735 5.200 Fees earned Operating expenses: Salary expense Rent expense Wages expense Utilities expense Miscellaneous expense Answering service expense Supplies expense Total operating expenses Teet income 3,225 4.000 2.550 Eric Wood, CPA Statement of Owner's Equity March 31, 2015 Eric Wood, capital, January 1, 2015 Inwestment on January 1, 2015 Net Income for the 3 months 120,000 Less withdrawals Increase in owner's equity Eric Wood, capital, March 31, 2015 For the Three Months Ended March 31, 2015 Assets Type to search QWERTYUIO. A / SL DFGHJK - + it to page Page view A Read aloud L Add ne $9,735 5.200 Operating expenses: Salary expense Rant expense Wages expense Uuties expense Miscellaneous expense Answering service expense Supplies expense Total operating expenses Net income 3.225 2.550 4,000 Eric Wood, CPA Statement of Owner's Equity March 31, 2015 Eric Wood, capital, January 1, 2015 Inwestment on January 1, 2015 Teet income for the 3 months $20,000 14.000 5.000 Less withdrawals Increase in owner's equity Eric Wood, capital, March 31, 2015 L000 Balance Sheet For the Three Months Ended March 31, 2015 One Loty $13,000 Eric Wood, capital 2,670 Accounts receivable 325 Total abies and $33.225. owner's equity Q W As o E IGHLJK zxc 1 alt