Exercise 11-17 Accounting for equity under IFRS LO C3, P1 Unilever Group reports the following equity information for the years ended December 31, 2015 and 2014 (euros in millions) December 31 Share capital Share premium Other reserves Retained profit Shareholders' equity 2015 484 484 145 (152 a14 (7,816) (7,538) 22,619 20, 560 15,439 13,651 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 5,259? Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3 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: a. Share capital b. Share premium c. Retained profit Required 2 > Required 1Required 2Required 3 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.) View transaction list Journal entry worksheet Record the issue of capital stock assuming that its entire par value stock was issued on December 31, 2014, for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required3 > Required 1 Required 2 Required 3 What were Unilever's 2015 dividends assuming that only dividends and income impacted retained profit for 2015 and that its 2015 income totaled 5,259? (Enter your answer in millions of euros and not in whole euros.) dends Required 2 Required 3
