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YULL SCREEN PRINTER VERSION BACK NEX Exercise 168-11 Your answer is partially correct. Try again per share. The options were exercisable of 20,000 shares of the company's $10 par common stock at $2 period for this award is 2 years. Assume that the far value option within a 5 year period beginning January 1, 2020, by grartees still in the employ of the company, and expiring December 31, 2024. The service pricing model determines total compersation expense to be $323,200 On Aprl 1, 2019, 2,000 options were terminated when the employees resigned from the company. On March 31, 2020, 12,000 options were exercised when the market price of the common stock was $41 per share Prepare journal entries to record issuance of the stock options, termination of the stock options, exercise of the stock term for the amounts.) The market price of the common stock was $33 per share on this date. and charges to compensation expense, for the years ended December 31, 2018, f count titles are automatically inent when amount is entered Dho not indent manualy I no entry is reuiredt sery select "No Entry" for the accoune titles and eneter 0 Debit Credit Date Account Titles and Explanation Paid-in Capital Expired Stock Opsons wron 424123 pdt YULL SCREEN PRINTER VERSION BACK NEX Exercise 168-11 Your answer is partially correct. Try again per share. The options were exercisable of 20,000 shares of the company's $10 par common stock at $2 period for this award is 2 years. Assume that the far value option within a 5 year period beginning January 1, 2020, by grartees still in the employ of the company, and expiring December 31, 2024. The service pricing model determines total compersation expense to be $323,200 On Aprl 1, 2019, 2,000 options were terminated when the employees resigned from the company. On March 31, 2020, 12,000 options were exercised when the market price of the common stock was $41 per share Prepare journal entries to record issuance of the stock options, termination of the stock options, exercise of the stock term for the amounts.) The market price of the common stock was $33 per share on this date. and charges to compensation expense, for the years ended December 31, 2018, f count titles are automatically inent when amount is entered Dho not indent manualy I no entry is reuiredt sery select "No Entry" for the accoune titles and eneter 0 Debit Credit Date Account Titles and Explanation Paid-in Capital Expired Stock Opsons wron 424123 pdt

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