Financial statement relationships Key figures have been taken from the x8 accounts of three separate companies. They are given below under columns 1, 2 and 3. The accounts, however, are incomplete. Fill in the blanks which are lettercoded.

(Amounts are in millions.)

Company 1 2 3 Total liabilities, end x8 50 (E) 30 Expenses in x8 (A) 65 90 Total owners’ equity, start x8 60 40 (I)

Total assets, end x8 (B) 70 (J)

Revenues in x8 95 (F) 100 Capital contributed by owners in x8 0 15 10 Total liabilities, start x8 (C) 10 (K)

Total owners’ equity, end x8 (D) 50 85 Profit or loss in x8 20 (G) (L)

Total assets, start x8 100 (H) 120 AppenedixLO1