On 1st April, 2013 X Limited granted 2,000 shares to the employees under stock option scheme at
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On 1st April, 2013 X Limited granted 2,000 shares to the employees under stock option scheme at ₹75 each (face value ₹0 and market value ₹165). The company allowed 3 years for vesting the option and 1 year maximum exercise period. The employees exercised all the options on 30th September, 2016. Show the necessary journal entries.
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Heres a table showing the journal entries for the various transactions related to the employee stock ...View the full answer
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