Question: please answer quick and give correct answer else diskike A company has its share capital divided into shares of * 10 each. On 1-4-20X1, it

please answer quick and give correct answer else diskike please answer quick and give correct answer else

A company has its share capital divided into shares of * 10 each. On 1-4-20X1, it granted 5,000 employees stock options at * 50, when the market price was 140. Fair value per option was 90. The options were to be exercised between 1-3-20x2 to 31-03-20X2. The employees exercised their options for 4,800 shares only; remaining options lapsed. Pass the necessary journal entries for the year ended 31- 3-20X2, with regard to employees' stock options

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