Microsoft Corporation offers compensation to its employees and executives through a variety of compensation plans. One such plan is its employee stock purchase plan, which is described in the following disclosure note from its fiscal 2009 annual report:
At June 30, 2009, 83 million shares were reserved for future issuance.
Describe the way “Compensation expense for the employee stock purchase plan is recognized” by Microsoft. Include in your explanation the journal entry that summarizes employee share purchases during 2009.