Question
On January 1, 2017, Oriole Corporation granted 2,100 shares of restricted $5 par value common stock to executives. The market price (fair value) of the
On January 1, 2017, Oriole Corporation granted 2,100 shares of restricted $5 par value common stock to executives. The market price (fair value) of the stock is $67 per share on the date of grant. The period of benefit is 2 years. Prepare Orioles journal entries for January 1, 2017, and December 31, 2017 and 2018
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Financial Accounting A Global Perspective
Authors: Rod Monger
1st Edition
0470518405, 978-0470518403
