O Share compensation plans: Share-Option Plan Delicious Beer Inc. grants on January 1, 2021, share options to 6 executives to purchase 3000 ordinary shares each with a par value of €1 and exercise price of C23 per share. The total compensotion expense has a fair value of €1800000 at the date of grant. Starting at the grant date, the service perlod is 3 years and the vesting period is 5 years. What journal entry does Delicious Beer Inc. make at year-end 2021 regording the compensotion expense for the 6 executives? Assume that the services are performed equally throughout the years and that no forfeiture of the share-option plans occurred.

O Share compensation plans: Share-Option Plan Delicious Beer Inc. grants on January 1, 2021, share options to 6 executives to purchase 3000 ordinary shares each with a par value of €1 and exercise price of C23 per share. The total compensotion expense has a fair value of €1800000 at the date of grant. Starting at the grant date, the service perlod is 3 years and the vesting period is 5 years. What journal entry does Delicious Beer Inc. make at year-end 2021 regording the compensotion expense for the 6 executives? Assume that the services are performed equally throughout the years and that no forfeiture of the share-option plans occurred.

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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