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On January 1, 2020, Barr Inc. granted options to employees to purchase 25,000 shares of the company's $1 par value common stock at $20
On January 1, 2020, Barr Inc. granted options to employees to purchase 25,000 shares of the company's $1 par value common stock at $20 per share. The grant date fair value of each option is $10. If all the options are converted on the vesting date what is the entry to Paid-in-capital stock options on the date the options are exercised? A debit of $250,000. A debit of $725,000 A credit of $725,000. A credit of $250,000.
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