Recording Employee Stock Purchase Plans Safe Inc. employees are all eligible to participate in a stock purchase plan. The plan allows employees to purchase $1 par value common stock at a 15% discount. On January 1, 2020, employees purchased 60 shares of common stock when the market price of the stock was $30 per share. Record the journal entry for Safe Inc. on January 1, 2020. Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. Date Account Name Dr. Cr. Jan. 1.2020 Check