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Instructions Nadal Company has 20 executives to whom it grants compensatory share options on January 1, 2019. At that time, it grants each executive the
Instructions Nadal Company has 20 executives to whom it grants compensatory share options on January 1, 2019. At that time, it grants each executive the right to purchase 100 shares of its $5 par common stock at $40 per share after a 3-year service period. The value of each option is estimated to be $11.75 on the grant date. Based on its average employee turnover rate each year, Nadal expects that 2 executives will not vest in the plan. At the end of 2021, Nadal confirms that the actual turnover was the same as expected. On January 5, 2022, 2 executives exercise their options. General Journal Shaded cells have feedback. X Required: Prepare Nadal's journal entries for 2019 through 2022 in regard to its compensatory share option plan. Prepare Nadal's journal entry on January 5 for 2022 in regard to its compensatory share option plan. General Journal Instructions Question not attempted. PAGE 1 GENERAL JOURNAL Score: 0/49 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT Points: 0/9
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