Norway Company granted 200 shares appreciation rights to each of the 500 employees on January 1, 2020. The rights are due to vest on December 31, 2023 with payment being made on December 31, 2023 and expire on December 31,2024. Only 80% of the awards vested.                                                                                                 Share Price January 1, 2020 ( Predetermined price)                               150 December 31, 2020, 2021, and  2022                                   180 December 31, 2023                                                                  210 December 31, 2024                                                                  190 The share appreciation rights were exercised on December 31, 2024. Required: Prepare journal entries from 2020 to 2024 in connection with the share appreciation rights.

Q: RUSS corporation was organized May 1, 2020 with authorized 120,000 ordinary shares of P15 stated…

A: * As per the bartleby guidelines, in case of interlinked question answer first 3 only 1.…

Q: What is the fair value of the liability for the share appreciation rights on Dec. 31, 2020? *see…

A: Share appreciation rights is a form of compensation being paid to employees which is linked with the…

Q: On 1 July 2018, Popular Ltd had the following issued capital: 50,000 10% Redeemable preference…

A: Stockholders’ equity is the measure of assets staying in a business after the sum total of the…

Q: On August 1, 2021, Comical Company issued rights to stockholders to subscribe to additional share of…

A: The stockholder's equity will be changed when the stock rights holder will exercise the stock rights…

Q: J Corporation issued 400,000 ordinary shares when it began operations in 2019 and issued an…

A: The company can raise funds by various methods. Some of them are, by way of issuing common stock,…

Q: How much is the total shareholder's equity if all subscription receivables are due in year 2022 a.…

A: Shareholders equity is the total amount attributable to shareholders of the company. This is an…

Q: On January 1, 2020, Swifty Corporation issued $4,180,000 of 10-year, 8% convertible debentures at…

A: Convertible Debenture is a debt capital. The debentures can be converted into shares forming part…

Q: What amount should be credited to Share Premium when the rights in connection with the warrants were…

A: Share premium is the premium which has been paid by the shareholder in order to acquire or purchase…

Q: Jan 1 2020 -  Company a issue 10 million shares common stock for cash   Jan 2 2020 -  Company a…

A: Diluted earning per share = net income / outstanding equity shares + potential equity shares.…

Q: On December 31, 2021, Bramble Company issues 151, 000 stock - appreciation rights to its officers…

A: Compensation expense refers to that expense which is paid in the form of wages and salaries. In also…

Q: Xero Ltd (Xero) grants 750 share options to each of its six directors on 1 May 2020 and the share…

A: Company means a form of business where the share holder invest money in business in form of shares…

Q: is tra

A: This question is related to stock based compensation. Now a…

Q: 22. A company grants 100 Share appreciation rights (SAR), payable in cash, to an employee on 1/1/Y1.…

A: In accounting, the process that the company uses to record SAR agreements is to accrue a liability…

Q: A company grants 100 Share appreciation rights (SAR), payable in cash, to an employee on 1/1/Y1. The…

A: Stock appreciation right (SAR) -   Entitles an employee to receive stock/cash if the entity's stock…

Q: ABC Company was incorporated on January 1,2021. The following are the ordinary share transactions…

A: Shares outstanding on Feb. 2 = 60,000 Shares outstanding on June 1 = 60,000 - 5,000 = 55,000

Q: The corporate charter of Diana Company authorizes the issuance of 500,000 ordinary shares with a P10…

A: The shareholder's equity tells about the total equity that belongs to the shareholders. It includes…

Q: In 2019, Blue Corporation issued 15,000 shares for P 110 per share of P 100 par convertible…

A: Conversion of Convertible Preferences Shares to Common Shares According to the accounting procedures…

Q: During the year 2019, Strict Company acquired 10,000 ordinary shares of Lenient Company for P220,000…

A: If investment in equity shares is intended for trading purpose then such equity investments are…

Q: On January 1, 2021, Lakad purchase and retire 100,000 shares of its shares for P1,800,000.…

A: Solution Concept Treasury stock is the stock that is bough back by the company When the treasury…

Q: Dolores Company has the following assets and liabilities at December 31, 2020 and December 31, 2021.…

A: Calculation of Net Profit Earned during the year 2021 Net Profit earned during the year 2021 =…

Q: On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with the…

A: Compensation expense for the year = Number of share  x Fair value of right at year end - Expense…

Q: Jones Company reported the following shareholders’ equity on January 1, 2020: • Share capital, P5…

A: The share premium is the excess value received as compared to par value of shares.

Q: Shrek Inc., had issued subscriptions for common shares on March 1, 2020. 40% of the subscription was…

A: Shares: Shares are the units of the total stock of a company that shows the fractional ownership of…

Q: 14. A company grants 100 Share appreciation rights (SAR), payable in cash, to an employee on 1/1/Y1.…

A: Stock appreciation right (SAR) -   Entitles an employee to receive stock/cash if the entity's stock…

Q: P7,000,000 3,000,000 4,335,000 650,000 Preference share capital, P300 par Share premium - preference…

A: Contributed Capital is the total amount contributed by the owners and also includes  shares premium.…

Q: On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with the…

A: Compensation expense recognized upto December 31, 2022  = (Quoted price per share on December 31,…

Q: How much is the salaries expense to be recognized in 2018? P80,000 P100.000 c. P180,000 d. P300.000

A: The fair value at grant date i.e P30 will be taken for expense calculation. The share options will…

Q: On January 1, 2020, Riverbed Corporation issued $3,600,000 of 10-year, 8% convertible debentures at…

A: Journal Entries: No. Date Account Titles and Explanation Debit ($) Credit ($) (a)…

Q: Problem 5: (Share-based compensation: Share appreciation rights) TINCTURE Company granted 300 share…

A: SOLUTION- FORMULA- SAR OPTION EXPENSES CAN BE CALCULATE AS FOLLOWS-   NUMBER OF SAR EXPECTED TO…

Q: 14. Caviar Company was organized on January 1, 2020 with 100,000 authorized shares of P100 par…

A: Treasury shares are shares repurchased or reacquired by the business from its shareholders. These…