Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On 1.1.2016, MEK Bhd granted 2,000 share appreciation rights to ten employees. The award entitled the employees to a cash payment at the date the rights were exercised equal to the increase in price of the shares since grant date. The rights vested on 31.12.2017 and the employees could exercise their rights in years 2018 and 2019. MEK estimated that the fair value of each rights was RM10 and only 90% of the awards would vest. At the end of year 2018, five employees exercised their rights and the balance at the end of year 2019. The cash paid was based on the intrinsic value.
The fair value and intrinsic value of the rights are shown below:
Year
Fair Value
Intrinsic value
2016
RM 12
2017
RM 9
2018
RM 14
2019
RM 13
Required -
a) Calculate the amount recognized as expenses and amount disclosed as liability.
b) Prepare journal entries to record the above transactions.
Record the transactions on the books of Pina ColadaCo. On July 8, Waegelein Inc. returned merchandise worth $5,100 to Pina Colada Co.
camey corporation purchased delivery equipment on january 1 at a cost of 300000. the equipment is expected to have a
What approaches may be employed in applying the lower-of-cost-or-market procedure? Which approach is normally used and why?
Discuss statement and conclude on the extent to which you agree with it. Use examples to illustrate your answer.
Accounting 205- Let at least two of your peers know if an alternative choice of entity would be possible. What would be the benefits of this new entity choice? Would there be any disadvantages associated with this new entity selection?
Which is applicable to housing for persons with disabilities? Protection under the ADA applies to physical limitations, not mental limitations
Bear Island Ltd. has a weekly payroll of $ 300,000. Calculate the expected annual sick leave expense for Bear Island Ltd. (on the basis of average salaries)
Suppose a business receives a $583,000 long-term bank loan on December 31, 2019. How the business will report current liabilities
Using the AICPA Conceptual Framework for Independence Standards, describe how Royce can determine whether the threat truly impairs his independence
What form of ownership is this? Thabang is a young up-and-coming entrepreneur from Thohoyandou. Thabang used all the money she saved while working
A partner in the LLC wants to sell his interest to person S for 100,000. His tax basis in LLC is 135,000. How to report this transaction for seller partner?
A wholesaler listed a food additive for $50.00 per kg. Calculate the single equivalent discount rate. Calculate the net price to the retailer
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd