Intermediate Accounting (2nd Edition)
Intermediate Accounting (2nd Edition)
2nd Edition
ISBN: 9780134730370
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 19, Problem 19.12BE
To determine

The treatment of restricted stock option and journal entries to record it.

Given information:

Number of shares issued is 100,000

Par value of shares is $1.

Market value of share on the date of issue is $45 per share.

Vesting period 4 years.

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Intermediate Accounting (2nd Edition)

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