Intermediate Accounting
Intermediate Accounting
1st Edition
ISBN: 9780132162302
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 19, Problem 19.13BE
To determine

The treatment of employee stock option by a company at the grant dateand journal entries of the same date.

Giveninformation:

Par value of common stock is $2.

Discount rate is 5%.

Market price per shareis $80.

Number of shares purchased are 200,000.

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Chapter 19 Solutions

Intermediate Accounting

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