On 1/2/22, Dayjon established a stock appreciation rights plan, entitling executives to receive cash for the difference between the market price of common stock and pre-established price of $20 on 1,200 SARs if executives stayed for 3 years. Market prices of the stock are as follows on December 31: 2022: $38 per share 2023: $30 per share 2024: $33 per share  Give the journal entries. 

Answer rating: 100% (QA)

ANSWER To account for the stock appreciation rights SARs plan we need to record the expense and liab... View the full answer