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Question A6 Axiz Inc granted 500 share options to each of its 800 employees on 1 April 2019 provided that they work for Axiz Inc

Question A6

Axiz Inc granted 500 share options to each of its 800 employees on 1 April 2019 provided that they work for Axiz Inc for a period of 3 years. The fair value of each option at grant date was $12.5.

During the year ended 31 March 2020, 20 employees left and another 15 are expected to leave.

What is the accounting entry to record the share options in the financial statements for the year ended 31 March 2020?

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