Answered step by step
Verified Expert Solution
Question
1 Approved Answer
how to sccount for this under ifrs 2. On September 15,2022 , Design issued 6,000 stock warrants to a software engineer that performed some work
how to sccount for this under ifrs
2. On September 15,2022 , Design issued 6,000 stock warrants to a software engineer that performed some work on the Design platform. On the date of issuance, the shares were selling for $13 per share. The warrants provided the engineer the option to purchase each share at a price of $11 per share. The services provided by the software engineer would have otherwise cost Design approximately $30,000. The options have not yet been exercised Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started