Question: View Policies Current Attempt in Progress Nash Company issues 12.200 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock

View Policies Current Attempt in Progress Nash Company issues 12.200 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value of $610,000 on this date. The service period related to this restricted stock is 5 years. Vesting occurs if Tokar stays with the company until December 31, 2024. The par value of the stockis $10. At December 31, 2020, the fair value of the stockis $331,000 (a) Prepare the journal entries to record the restricted stock on January 1, 2020 (the date of grant), and December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Credit Debit Date Account Titles and Explanation mint for this forfeiture. (Credit occount titles are and enter (b) On July 25, 2024. Tokar leaves the company. Prepare the journal entry to account for this forfeiture. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and en O for the amounts) Date Account Titles and Explanation Debit Credit July 25, 2024 e Textbook and Media List of Accounts
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