Question
On January 1, 2014, Barwood Corporation granted 2,000 shares of restricted $5 par value common stock to executives. The market price (fair value) of the
On January 1, 2014, Barwood Corporation granted 2,000 shares of restricted $5 par value common stock to executives. The market price (fair value) of the stock is $65 per share on the date of grant. The period of benefit is 2 years.
Prepare Barwoods journal entries for January 1, 2014, and December 31, 2014 and 2015.
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
11th Edition
0131867121, 978-0131867123
