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Create journal entries for the following: Liability-classified awards: a. Grant date Is there any entry made on the grant date? b. Expense during vesting c.

Create journal entries for the following:

  1. Liability-classified awards:
  2. a. Grant date

Is there any entry made on the grant date?

b. Expense during vesting

c. Deferred tax benefit due to the expense during the vesting

d. Cash paid to settle the award

e. Tax deduction upon the settlement

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