employee left the entity during the next three years. No employees left the entity during the three-year vesting period. The employees exercised their share appreciation rights as follows: December 31,2013 December 31,2014 December 31,2015 200 employees 250 employees 150 employees The fair value and intrinsic value of the share appreciation right are as follows: Fair Value Intrinsic Value 16 December 31,2011 December 31,2012 December 31,2013 December 31,2014 December 31,2015 20 22 24 18 21 26 The intrinsic value of the share appreciation right on the date of exercise is the amount paid out to the employees. Required: A. Prepare the entries on December 31,2011, 2012, 2013, 2014 and 2015 B. Based on the result of your audit, determine the following: 1. Compensation Expense in 2011 2. Compensation Expense in 2012 3. Compensation Expense in 2013 4. Compensation Expense in 2014 5. Compensation Expense in 2015

employee left the entity during the next three years. No employees left the entity during the three-year vesting period. The employees exercised their share appreciation rights as follows: December 31,2013 December 31,2014 December 31,2015 200 employees 250 employees 150 employees The fair value and intrinsic value of the share appreciation right are as follows: Fair Value Intrinsic Value 16 December 31,2011 December 31,2012 December 31,2013 December 31,2014 December 31,2015 20 22 24 18 21 26 The intrinsic value of the share appreciation right on the date of exercise is the amount paid out to the employees. Required: A. Prepare the entries on December 31,2011, 2012, 2013, 2014 and 2015 B. Based on the result of your audit, determine the following: 1. Compensation Expense in 2011 2. Compensation Expense in 2012 3. Compensation Expense in 2013 4. Compensation Expense in 2014 5. Compensation Expense in 2015

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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