16.15 (LO 3) (Accounting for Restricted Shares) Lopez SpA issues 10,000 restricted ares to its CFO, Juan Carlos, on January 1, 2022. The shares have a fair value of €500,00o on is date. The service period related to the restricted shares is 5 years. Vesting occurs if Carlos stays th the company for 6 years. The par value of the shares is C10. At December 31, 2022, the fair lue of the shares is €450,000. structions Prepare the journal entries to record the restricted shares on January 1, 2022 (the date of grant), and December 31, 2023. On January 1, 2027, Carlos leaves the company. Prepare the journal entry (if any) to account

luxco acquires participation on Aprin 1, 2012 for 1000000. This investment is financed by (a) share premium for 100.000é (b) an interest-free shareholder loan for 250000€ and (c) bank loan bearing interest at 5% per annum for the balance. the interest on the bank mentioned above are payable on the last day of each civil quarter (March 31...). Any unpaid accrued interest bear also interest at 5% per annum starting from the day after their due date (from Aprin 1 for interest payable on March 31). Assuming that Luxco does not pay its interest on June 30, 2012, please detail the accounting entries in relation with the booking of interest as Jube 30, 0210 and September 30, 2012   Make the journal entries only for the interest

Wedding Cake Ltd. has its shares listed on a securities exchange. It has entered a contractual agreement to issue $10 million of its ordinary shares to Island Ltd. in two years time. The number of shares to be ultimately issued will depend on the market price of the shares in two years time. Should Wedding Cake Ltd. recognise a financial liability or an equity instrument in relation to this agreement?

2. On January 1, 2019, AB Company exchanges 10,000 shares of its common stock for all of the net assets of CD, Inc. Each of the NT's shares has a $5 par value and a $40 fair value. AB also paid $35,000 as direct out- of-pocket costs. Several of CD’s accounts have fair values that differ from their book values on this date: Book Values Fair Values $ 85,000 65,000 100,000 $ 83,000 125,000 180,000 160,000 45,000 Receivables Trademarks Furniture and Fixture Research and development Notes payable -0- 40,000 Precombination January 1, 2019, book values for the two companies are as follows: AB CD 9,000 85,000 65,000 100,000 105,000 $ 364,000 Cash $ 50,000 120,000 300,000 640,000 $ Receivables Trademarks Furniture and Fixture Equpiment (net) 320,000 Totals $ 1,430,000 Accounts Payable Notes Payable Common stock Additional paid-in capital Retained earnings 2$ 100,000 $ 34,000 60,000 50,000 30,000 190,000 $ 364,000 270,000 400,000 30,000 630,000 $ 1,430,000 Totals Assume that this combination is…