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In order to encourage employer ownership of the company Spar common shares, T Corps permits any of its employees to buy shares directly from the

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In order to encourage employer ownership of the company Spar common shares, T Corps permits any of its employees to buy shares directly from the company through payroll deduction. There are no brokerage fees and shares can be purchased at 15% discount. During June, employees purchased 150 000 shares at a time when the market price of the shares on the New York Stock Exchange was 510 per share Required: Prepare the appropriate journal entry to record the June purchases of shares under the employee share purchase planet ne entry is required for a transaction/event, select "No journal entry required in the first account field) Journal entry worksheet > Record the June purchases of shares under the share the that permits any of its employees to buy shares at a 15 dit. During une moyens purchase 150.000 sharest time when the market price of the shares on the New York Stock Exchange was 510 per shart D

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