Question: Please answer all parts! And show work please! 13a. On October 1, 2018. XYZ Corp also hires another new executive. This executive is granted 20.000

Please answer all parts! And show work please!
13a. On October 1, 2018. XYZ Corp also hires another new executive. This executive is granted 20.000 shares of restricted stock when its common stock ($1 par value) is trading at $12/share. The vesting period is also 2 years. Show the journal entry on October 1. 13b. How much is the change in total stockholders' equity at this October 1 grant date? 130. Show adjusting entries made at December 31, 2018. 13d. On January 1, 2019. after only 3 months on the job, the executive quits. Show any journal entries related to the restricted stock. 13a. On October 1, 2018. XYZ Corp also hires another new executive. This executive is granted 20.000 shares of restricted stock when its common stock ($1 par value) is trading at $12/share. The vesting period is also 2 years. Show the journal entry on October 1. 13b. How much is the change in total stockholders' equity at this October 1 grant date? 130. Show adjusting entries made at December 31, 2018. 13d. On January 1, 2019. after only 3 months on the job, the executive quits. Show any journal entries related to the restricted stock.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
