Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, please help with the question below. Make sure you read through these requirements before answer the question: 1. Answer the question exactly follow the

Hi, please help with the question below. Make sure you read through these requirements before answer the question:

1. Answer the question exactly follow the chart that I provided below

2. Only answer the question in case you can make sure you will answer them all.

3. Provide solutions to how you get these answers. Thank you.

image text in transcribedimage text in transcribed

Unilever Group reports the following equity information for the years ended December 31, 2013 and 2012 (euros in millions). December 31 Share capital Share premium Other reserves Retained profit 2013 484 138 (6,746) 20,468 2012 484 140 (6,196) 20,964 Shareholders' equity 14,344 15,392 1. Match each of the three account titles-share capital, share premium, and retained profitwith the usual account title applied under U.S. GAAP from the following options: a. Share capital b. Share premium C. Retained profit 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, 2012, 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, 2012, for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 3. What were Unilever's 2013 dividends assuming that only dividends and income impacted retained profit for 2013 and that its 2013 income totaled 5,263? (Enter your answers in millions of euros and not in whole euros.) Dividends

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions