Beta Limited granted 1,000 options at 40 to its employees under employee stock option scheme. The face
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Beta Limited granted 1,000 options at ₹40 to its employees under employee stock option scheme. The face value of each option was ₹10 and its market price at that time was ₹120. The vesting period is 2 years and 1 year maximum exercise period. All the employees exercised their options fully. You are required to pass necessary journal entries to record the above transactions.
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Heres a table showing the journal entries to record the employee stock option transactions for Beta ...View the full answer
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