Marcus Company issues fully paid shares to 200 employees on December 31, 2008. Normally shares issued to employees vest over a two - year period, but these shares have been given as a bonus to the employees because of their exceptional performance during the year. The sharers have a market value of P400, 000 on December 31, 2008, and an average fair market value of P450, 000. What amount would be charged against income in year 2008 related to the share - based payment transaction?

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To determine the amount charged against income in year 2008 related to the sharebased pa... View the full answer