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Question - Kaila Company granted 202 share appreciation rights to each of the 1,200 employees in January 2020. The entity estimated that 90% of the awards will vest on December 31, 2020. The fair value of each right on December 31, 2020 is P22. Service period is 3 years. What is the accrued liability on December 31, 2020?
a. 4,799,520
b. 4,000,000
c. 1,200,000
d. 1, 599,840
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A decrease in one liability and an increase in another liability.
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