1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
8_murik_8 [283]
3 years ago
8

On January 1, 2020 (the date of grant), Ayayai Corporation issues 1,900 shares of restricted stock to its executives. The fair v

alue of these shares is $45,000, and their par value is $9,500. The stock is forfeited if the executives do not complete 3 years of employment with the company.
Prepare journal entries for January 1, 2014, and on December 31, 2014, assuming the service period is 3 years.
Business
1 answer:
vagabundo [1.1K]3 years ago
5 0

Answer and Explanation:

The journal entries are shown below:

On Jan 1, 2014

Unearned compensation Dr. $45,000

        To paid in capital in excess of par  $35,500

        To common stock  $9,500

(Being the unearned compensation is recorded)  

On Dec 31,2014

Compensation expense Dr.  $15,000 ($45,000 ÷ 3 years)

         To unearned compensation $15,000

(Being one year compensation became due is recorded)  

You might be interested in
If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in
hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

A=P(1+r)^t, where P is the Principal amount, r is the rate of interest and t is the time period.

Given : P= $1500

A = $6000

Time = 8 years

Then 6000=1500(1+r)^8

i.e. (1+r)^8=\dfrac{6000}{1500}=4

i

Taking natural log on both sides , we get

\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%

3 0
3 years ago
For biomedical engineers, what degree is generally required to teach in a university setting?
Bess [88]
<span>Most nursing departments and schools employ different types of faculty, and depending on the position. Those who work at a university typically hold doctoral degrees related to the biomedical degree</span>
5 0
3 years ago
Read 2 more answers
These too. Again I will post more
Varvara68 [4.7K]

The answer is D




hope it helps :P


7 0
2 years ago
Suppose a wet and sunny year increases the nation's sweetcorn crop by 20%. How will this affect the market for frozen peas,a sub
Soloha48 [4]

Answer:

d) decease in demand

Explanation:

When the produce of sweet corn crop rises by 20%, this would lead to an increase in supply. With increase in supply, the price of sweet corn shall fall, which would lead to an increase in demand as now consumers will consume more of sweet corn.

Since the relationship between price of a good and demand for it's substitute is positive, the demand for the substitute shall fall.

Thus, demand for frozen peas shall decrease as demand for sweet corn has increased.

5 0
3 years ago
Company X has a good whistle-blowing program in place. Sara used the whistle-blowing system to alert management about a fraud be
dedylja [7]

Answer:

lack of anonymity

Explanation:

According to my research on whistle-blowing systems within organizations, I can say that based on the information provided within the question the major issue that the program seems to have is a lack of anonymity. All whistle-blower systems are designed to be completely anonymous so that anyone who uses the system to do the right thing and report people who are breaking the law or rules are not mentioned and face backlash from co-workers. Apparently, the system that Company X is either not anonymous or is not adhering to the anonymity policy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Other questions:
  • Does anyone know the answers in this chapter???
    6·2 answers
  • The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equi
    12·1 answer
  • For the year ended December 31, 2015, Lopez Company has implemented an employee bonus program equal to 3% of Lopez’s net income,
    7·1 answer
  • In the united states the largest expenditure component of gdp is
    9·2 answers
  • On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On Augu
    14·1 answer
  • Assume there is a decrease in the market demand for a good sold by price-taking firms that are initially producing the profit-ma
    5·1 answer
  • Larson Manufacturing is considering purchasing a new injectionmolding machine for $250,000 to expand its production capacity. It
    11·1 answer
  • A.
    9·1 answer
  • In a meeting, after hearing a member describe a problem to be addressed, all other members of the group first wrote down ideas a
    12·1 answer
  • You are putting together your first post-graduation budget. Your take-home pay will be $2,500 per month. You estimate your month
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!