2 points Zeebots, Inc. granted stock options to its eligible employees on January 3, with each...
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2 points Zeebots, Inc. granted stock options to its eligible employees on January 3, with each employee able to purchase shares of common stock at a price of $150 per share. The options vest in 5 years. Using the Black-Scholes options pricing model, the firm estimated that the total fair value of the options was $3000. The company estimates that 7% of the options will be forfeited before vesting. Record Zeebots, Inc.'s journal entry for granting of these stock options to employees. Dr. Deferred compensation --$2790 Cr. Additional paid in capital - Stock Options --$2790 Cr. Additional paid in capital - Stock Options --$2640 Dr. Deferred compensation - $2850 Dr. Compensation expense-$180 Dr. Compensation expense-- $150 2 points Zeebots, Inc. granted stock options to its eligible employees on January 3, with each employee able to purchase shares of common stock at a price of $150 per share. The options vest in 5 years. Using the Black-Scholes options pricing model, the firm estimated that the total fair value of the options was $3000. The company estimates that 7% of the options will be forfeited before vesting. Record Zeebots, Inc.'s journal entry for granting of these stock options to employees. Dr. Deferred compensation --$2790 Cr. Additional paid in capital - Stock Options --$2790 Cr. Additional paid in capital - Stock Options --$2640 Dr. Deferred compensation - $2850 Dr. Compensation expense-$180 Dr. Compensation expense-- $150
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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