Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had been made • Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5% • January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date • December 31 20X6: actual employees leaving 5% Requirement: Provide all the entries from 20x4 to 20x
Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had been made • Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5% • January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date • December 31 20X6: actual employees leaving 5% Requirement: Provide all the entries from 20x4 to 20x
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 1MC
Related questions
Question
Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The
options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had
been made
• Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5%
• January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date
• December 31 20X6: actual employees leaving 5%
Requirement: Provide all the entries from 20x4 to 20x6.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT