Prepare unilevers journal entry to record the issuance

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Reference no: EM132354608

Question :

December 31

2015

2014

Share capital

€489

€489

Share premium

139

170

Other reserves

(6,456)

(3,429)

Retained profit

15,815

15,164

Shareholders' equity

€ 9,987

€12,394

1. Match each of the three account titles share capital, share premium, and retained profit with the usual account title applied under U.S. GAAP from the following options:

2. Prepare Unilever's journal entry, using its account titles, to record the issuance of capital stock assuming that its entire par value stock was issued on December 31, 2014, for cash.

3. What were Unilever's 2015 dividends assuming that only dividends and income impacted retained profit for 2015 and that its 2015 income totaled €2,677?

Required 1

Prepare Unilever's journal entry, using its account titles, to record the issuance of capital stock assuming that its entire par value stock was issued on December 31, 2014, for cash. (Enter your answers in millions of euros and not in whole euros.)

Required 2

What were Unilever's 2015 dividends assuming that only dividends and income impacted retained profit for 2015 and that its 2015 income totaled €2,677? (Enter your answer in millions of euros and not in whole euros.)

Reference no: EM132354608

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