Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.
Chapter 19, Problem 19.3E
(1)
Restricted stock: These are the share-based awards provided as compensation plans provided as incentives to the employees which include right to receive the shares and are restricted to employees’ extended tenure. The two variants of restricted stock are restricted stock awards, and restricted stock units.
Restricted stock units (RSUs): RSU is a right of the employee to receive a certain number of shares of stock of the company as a performance incentive, or usual compensation, or signing bonus.
To determine
The compensation expense recorded by Corporation F for the year ended December 31, 2016
(2)
To determine
Journal entry: Journal entry is a set of economic events which can be measured in monetary terms. These are recorded chronologically and systematically.
Debit and credit rules:
Debit an increase in asset account, increase in expense account, decrease in liability account, and decrease in stockholders’ equity accounts.
Credit decrease in asset account, increase in revenue account, increase in liability account, and increase in stockholders’ equity accounts.
To journalize: The entry for recording shares vested as on December 31, 2015
The Soft Company has provided the following information
after year-end adjustments:
-Allowance for doubtful accounts was $11,000 at the
beginning of the year and $30,000 at the end of the year.
-Accounts written off as uncollectible totaled $20,000.
What was the amount of Soft's bad debt expense for the
year?
A. $39,000
B. $1,000
C. $19,000
D. $20,000
General accounting question
Please explain the solution to this general accounting problem with accurate principles.