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1. Make all 17 adjustments on the Adjusting Journal Entries tab. Remember to include a description under each journal entry. On December 31, 20X1, ABC

1. Make all 17 adjustments on the "Adjusting Journal Entries" tab. Remember to include a description under each journal entry.

On December 31, 20X1, ABC Corporation issued 1,000 shares of restricted stock to its Chief Financial Officer. ABC stock had a fair value (closing market price) of
$10 per share on December 31, 20X1. Additional information is as follows:
a. The service period related to the restricted stock is 2 years.
b. Vesting occurs if the CFO stays with the company for a two-year period.
c. The par value of the common stock is $3 per share.
Make the appropriate accounting entry as of the grant date, 12/31/X1. Note: use the alternative method as described in your textbook for deferred compensation.

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