Question

American Optical Corporation provides a variety of share-based compensation plans to its employees. Under its executive stockRecord the award of options on January 1, 2018. Note: Enter debits before creditsRecord compensation expense on December 31, 2018.123 Record compensation expense on December 31, 2019. Note: Enter debits before credits.

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Answer #1
1
Total compensation cost 114 million =19*6
2
Debit Credit
January 1,2018 NO Journal Entry required
December 31,2018 Compensation expense 57
       Paid in capital – stock options 57
December 31,2019 Compensation expense 57
       Paid in capital – stock options 57
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