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On January 1, 2021, when the shares of a company were being sold on the market at $50 per share, the company granted 100,000 restricted
On January 1, 2021, when the shares of a company were being sold on the market at $50 per share, the company granted 100,000 restricted shares to several executives. The restriction would be lifted on December 31, 2025. At the beginning of 2024, 10% of executives resigned from the company. REQUIRED: 1. Prepare the journal entries on January 1, 2021 and December 31, 2023. 2. Prepare the journal entries for December 31, 2024 and 2025.
On January 1, 2021, when the shares of a company were being sold on the market at $50 per share, the company granted 100,000 restricted shares to several executives. The restriction would be lifted on December 31, 2025. At the beginning of 2024, 10% of executives resigned from the company.
REQUIRED:
1. Prepare the journal entries on January 1, 2021 and December 31, 2023.
2. Prepare the journal entries for December 31, 2024 and 2025.
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Principles of heat transfer
Authors: Frank Kreith, Raj M. Manglik, Mark S. Bohn
7th Edition
978-0495667704
