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E Question 6, BE19-5 (simil... HW Score: 28.28%, 3.11 of 11 points Points: 0.11 of 1 Mason Limousine Services granted 5,200 options to acquire 5,200

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E Question 6, BE19-5 (simil... HW Score: 28.28%, 3.11 of 11 points Points: 0.11 of 1 Mason Limousine Services granted 5,200 options to acquire 5,200 shares of its $1 par value common stock. At the grant date, the fair value of the options is $135,000 and the exercise price per option is $5 each. Assuming that employees exercise all the options at the end of the service period, prepare the journal entry necessary to record thu exercise of the options. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Additional Paid-in Capital - Stock Options Additional Paid-in Capital - Expired Stock Options Exercise Date Additional Paid-in Capital - Expired Stock Options Additional Paid-in Capital - Stock Options Additional Paid-in Capital in Excess of Par-Common Cash Common Stock Compensation Expense Deferred Compensation Liability for Stock-based Compensation Get More Help Clear All Check Answer Book Pro do F7 DII F8 DD F9 F10 i F11 F12 G

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