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CHAPTER 2 1 QUESTION 4 . ALL THERE. Recording Entries for Restricted Stock Units On January 1, Alaska Inc. granted restricted stock units to five
CHAPTER QUESTION ALL THERE.
Recording Entries for Restricted Stock Units On January 1, Alaska Inc. granted restricted stock units to five executives for a total of 600 share common stock. The fair value of the shares of stock on January 1 is $36,000. The restricted shar vesting period of 3 years, which is the requisite service period, and no forfeitures are anticipate Note: If a journal entry isn't required for the transaction, select "N/A" as the account names ant and Cr. answers blank (zero). a. Prepare the journal entry (if any) required on January 1. Date Jan. 1 Account Name O .ash ...aid4nCap@aVGkCeSSOfPar.Com moffStockz Paid-incapitalExptreStOCkOption9 unearned COmpensationEquiW Com pensatwonepense N/Acredit b. Prepare the adjusting journal entry required on December 31. Dec. 31 Check
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