Intermediate Accounting, Student Value Edition (2nd Edition)
Intermediate Accounting, Student Value Edition (2nd Edition)
2nd Edition
ISBN: 9780134732145
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 19, Problem 19.2BE
To determine

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

Giveninformation:

Number of shares offered is 1,000 shares.

Fair value is $12.

Market price and exercise price both is $6.

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Intermediate Accounting, Student Value Edition (2nd Edition)

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