Figure 14.10 provides a description of Wesfarmers Limiteds reserves. Figure 14.11 is the Wesfarmers statement of changes

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Figure 14.10 provides a description of Wesfarmers Limited’s reserves. Figure 14.11 is the Wesfarmers’ statement of changes in equity.

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Show the journal entries for the following transactions in that statement:

(a) Share-based payment transactions

(b) Changes in the fair value of cash flow hedges, net of tax

(c) Equity dividends

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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