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On 5/5/2018, a CEO exercised 100 options to buy a company's stock at the $50 exercise price. The market price of the company's stock is
On 5/5/2018, a CEO exercised 100 options to buy a company's stock at the $50 exercise price. The market price of the company's stock is $80 on that day. A company reissues treasury stock that originally cost $70 per share to provide the shares to the CEO.
What is the correct journal entry for the May 2018 exercise of the stock options?
What is the correct journal entry for the May 2018 exercise of the stock options?
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Heres the journal entry for the exercise of the stock options in May 2018 Account Debit Credit Cash 5000 Additional Paidin Capital 3000 Treasury Stock ...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
