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On January 1, 2020, Pharoah Corporation granted 6,200 options to executives. Each option entes the holder to purchase or share of Personale 2022. The shares

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On January 1, 2020, Pharoah Corporation granted 6,200 options to executives. Each option entes the holder to purchase or share of Personale 2022. The shares market price is $52 per share on the date of grant, and the required service period is two years. Prepare Pharoah's journal entries for January 1, 2020, and December 31, 2020 and 2021. Assume that the options for values culted in ton pricing model 1115,000 pontos simplification purposes. (Credit accountries are automatically indented when the amounts entered. De mofindet mamy if my select try the and enter for the amounts Record journal entries in the order presented in the problem Date Account Tiles and Explanation Debit Crndal V SHOW LIST OF ACCOUNTS

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