The journal entries to record the restricted stock plan for 4 years. Giveninformation: Number of shares company issues as restricted stock is 50,000 Par value of common stock is $1. Total number of executive is 5. Number of shares received by each executive is 10,000. Vesting period is 4 years.

Question

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Answer 1

Question

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

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Answer 2

Question

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

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Answer 3

Question

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

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Answer 4

Question

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

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Answer 5

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

Answer 6

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Answer 7

Chapter 19, Problem 19.8E

a.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Giveninformation:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Answer 8

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

Answer 9

b.

To determine

To prepare: The journal entries to record the restricted stock plan for 4 years.

Given information:

Number of shares company issues as restricted stock is 50,000

Par value of common stock is $1.

Total number of executive is 5.

Number of shares received by each executive is 10,000.

Vesting period is 4 years.

Three executives left the company after2^nd year.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 19 - What is the allocation period used to expense...Ch. 19 - How do companies account for stock-based...Ch. 19 - Do companies with equity-based compensation plans...Ch. 19 - When accounting for employee stock options, will a...Ch. 19 - Prob. 19.5Q Ch. 19 - Prob. 19.6Q Ch. 19 - Prob. 19.7Q Ch. 19 - Prob. 19.8Q Ch. 19 - Prob. 19.9Q Ch. 19 - Prob. 19.10Q

The journal entries to record the restricted stock plan for 4 years. Giveninformation: Number of shares company issues as restricted stock is 50,000 Par value of common stock is $1. Total number of executive is 5. Number of shares received by each executive is 10,000. Vesting period is 4 years.

Solution Summary: The author explains the process of journalizing the transactions of an organization in a chronological order.

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