Financial statement relationships By coincidence, three separate companies report the same summary balance sheet at the end of year 4.

Assets = Liabilities + Shareholders’ equity 105,000 = 50,000 + 55,000 Shareholders’ equity comprises share capital and retained earnings. End-year retained earnings are equal to start-year retained earnings adjusted for the profit/loss and dividend in the year:
REend = REstart +/− P/L − DIV In other respects the accounts of the three companies diverge. Key figures have been taken from their year 5 accounts. They are given below under columns 1, 2 and 3. As you can see, the accounts are incomplete.
Company (1) (2) (3)
Share capital, end year 5 25 (F) (K)
Revenues in year 5 125 (G) 114 Liabilities, end year 5 (A) 51 53 Expenses in year 5 115 115 112 Retained earnings, end year 4 (B) (H) (L)
Assets, end year 5 110 (I) 111 Dividend in year 5 (C) 2 3 Share capital, end year 4 (D) 11 (M)
Retained earnings, end year 5 36 39 42 New investment by owners in year 5 0 (J) (N)
Shareholders’ equity, end year 5 (E) 53 (P)
Required Fill in the blanks which are letter-coded. (Amounts are in 000.).AppenedixLO1