Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an employee receives 20,000 sars based on current

An employee receives 20,000 SARs based on current market price of $20 per share. Service...

70.2K

Verified Solution

Question

Accounting

An employee receives 20,000 SARs based on current market price of $20 per share. Service period is 2 years. At end of 2 years, employee receives cash equal to stock price increase. 12/31/yr 1 stock price is $24. 12/31/yr 2 stock price is $28.

a. What is the journal entry at grant date?

b. What is the journal entry at the end of year one?

c. What are the two journal entries at the end of year two?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

** When analyzing the collateral and analyzing the business risk and ability to pay for corporate...

Finance
Q

Question#1: Based on the aggregate production function: GDP = FT (L, K, H) a. Imagine that the amount...

Economics
Q

A nuclear fuel element is in the form of long solid cylindrical rod (k=0.85 W/mK) of...

Mechanical Engineering
Q

Briefly describe the classification of three main groups of magnetic materials, namely Diamagnetic, Paramagnetic and Ferromagnetic, in...

Electrical Engineering
Q

After Napoleon s defeat in 1815 what were Germany s 39 separate states connected through...

Biology
Q

In the figure to the right if AC 12 and BC 9 what is the...

Geometry
Q

Which of the following scenarios have a reasonable solution Read each one carefully and select...

Algebra
Q

With explanation please. Milden Company is a merchandiser...

Accounting
Q

On January 1, 2016, the Apex Company exchanged some shares of common stock it had...

Accounting
Q

Please help define what these are! Amortization/depreciation of plant assets/intangible assets Effect of different inventory...

Accounting
Q

First picture is the...

Accounting
Q

The following information is to be used as a base for this question and the...

Finance