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= Homework: Week Three Question 19, E19-5 (similar to) Part 1 of 6 Walgreen Company started a share appreciation plan on January 1, 2018,
= Homework: Week Three Question 19, E19-5 (similar to) Part 1 of 6 Walgreen Company started a share appreciation plan on January 1, 2018, when it granted 206,000 rights to its executives. The vesting period is 2 years. The plan expires on January 1, 2020. Employees exercise all SARS on January 1, 2020, when their fair value is $16. HW Score: 14.32%, 3.15 of 22 points Points: 0 of 1 The fair value of Walgreen's SARS for the years ended December 31, 2018 and 2019, are as follows: (Click the icon to view the additional information.) Read the requirements. Requirement a. Prepare all journal entries to record the SAR plan assuming the rights are settled with cash. (Record debits first, then credits. Exclude explanations from any journal entries.) First, prepare the journal entry to record the compensation expense for the year 2018. Account December 31, 2018 More info Help me solve this Etext pages Get more help Date Fair Value December 31, 2018 $ 18 December 31, 2019 $ 16 Requirements a. Prepare all journal entries to record the SAR plan assuming the rights are settled with cash. b. Prepare all journal entries to record the SAR plan assuming that the rights are settled with the company's $1 par value common stock. On the date of exercise, the market price per share is $20. Save Clear all Check answer
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