Question: A corporation has a noncompensatory share purchase plan for all its employees and a compensatory share option plan for some of its corporate officers. Required

A corporation has a noncompensatory share purchase plan for all its employees and a compensatory share option plan for some of its corporate officers.

Required
1. Compare and contrast the accounting at the date the stock is issued for the noncompensatory share purchase plan with that for the compensatory share option plan.
2. What entry should be made for the compensatory share option plan at the date of the grant?

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