Excercise 16-12 - 180,000 Paid-in CapitalStock Options....

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EXERCISE 16-12 (15–25 minutes) 1/1/09 No entry (total compensation cost is $450,000) 12/31/09 Compensation Expense. .............................. 225,000 Paid-in Capital—Stock Options ($450,000 X 1/2). ............................... 225,000 12/31/10 Compensation Expense. .............................. 225,000 Paid-in Capital—Stock Options. .......... 225,000 5/1/11 Cash (9,000 X $20). .......................................
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Unformatted text preview: 180,000 Paid-in CapitalStock Options. .................. 405,000* Common Stock (9,000 X $5). ................ 45,000 Paid-in Capital in Excess of Par. ......... 540,000 *($450,000 X 9,000/10,000) 1/1/13 Paid-in CapitalStock Options. .................. 45,000 Paid-in Capital from Expired Stock Options ($450,000 $405,000). ........ 45,000...
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This note was uploaded on 04/22/2010 for the course ACCT ACC552 taught by Professor Hint during the Spring '09 term at Keller Graduate School of Management.

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Excercise 16-12 - 180,000 Paid-in CapitalStock Options....

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