Business, 31.10.2021 03:10 leshayk91

2. Money for Me Company issues 10,000 shares of restricted stock for their CFO, Scruge Warbucks, on January 1, 2017. The stock has a fair value of $500,000 on this date. Service period related to the restricted stock is 5 years, and the vesting period occurs if Warbucks stays with Money for Me Company until December 31, 2020. Par Value of the stock is $10. The fair value of the stock is $450,000 on December 31, 2017. What are the journal entries on January 1, 2017 (grant date) and December 31, 2018

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2. Money for Me Company issues 10,000 shares of restricted stock for their CFO, Scruge Warbucks, on...

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