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B- One item is omitted in each of the following summaries of balance sheet and income statement data for three different companies, A, B, and
B- One item is omitted in each of the following summaries of balance sheet and income statement data for three different companies, A, B, and C. Determine the amounts of the missing items, identifying each company by letter (You must show your calculations). COMPANY 300,000 160,000 160,000 95,000 120,000 70,000 Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional investment by the owner Withdrawals by the owner Revenue Expenses 500,000 300,000 200,000 100,000 180,000 60,000 ? 80.000 190,000 160,000 65,000 1 75.000 ? 110,000 40,000 ? 85,000 35,000 (6 Marks)
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