Question
Unilever PLC Balance Sheet as at 31 December 2029 Non-current assets Investment in subsidiary: - 520,000 shares bought 1.1.2029 780,000 Other non-current assets
Unilever PLC Balance Sheet as at 31 December 2029
€ | € | |
Non-current assets | ||
Investment in subsidiary: | ||
- 520,000 shares bought 1.1.2029 | 780,000 | |
Other non-current assets | 1,300,000 | |
Current assets | 245,000 | 2,325,000 |
Share capital | 1,300,000 | |
Retained profits | ||
As at 1.1.2029 | 255,000 | |
Add Profit for year to 31.12.2029 | 265,000 | 520,000 |
Suspense | 505,000 | |
Total | 2,325,000 |
Ben & Jerry's Balance Sheet as at 31 December 2029
€ | € | |
Non-current assets | 530,000 | |
Current assets | 500,000 | |
Share capital | 260,000 | |
Retained profits | ||
As at 1.1.2029 | 240,000 | |
Add Profit for year to 31.12.2029 | 235,000 | 475,000 |
Total | 1,270,000 |
Required:
- Prepare the consolidated balance sheet as at 31 December 2029.
- Address any discrepancies in the suspense account.
- Adjust for inter-company transactions.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started