On January 1, 2020, Jangga Group grants share options to each of its 100 employees working in the sales department. Each a these employees receives 10 share options. The share options will vest on December 31, 2022, provided that the employeer remain in the entity's employ. On January 1, 2021, fair value per option is P30. On December 31, 2020, it is expected that during the whole vesting period of three years, 10% of the employees will leave Jangg Group. On December 31, 2021, this expectation is revise to 30%. Finally, by December 31, 2020, 20% of the employees le Jangga Group. There is also a performance condition in addition to the service condition. According to the performance condition, the options on vest if Jangga Group's share price on December 31, 2022 exceeds its share price on January 1, 2020 by at least 20%. C December 31, 2020 and on December 31, 2021, it is expected that this target will be met. However, the target is not met December 31, 2022. Based on the preceding information, answer the following: 1. What amount of compensation expense should be recognized on December 31, 2020? 2. What amount of compensation expense should be recognized on December 31, 2021? 3. What amount of compensation expense should be recognized on December 31, 2022?

On January 1, 2019, an entity granted 10,000 share options to employees. The share optionsvest at December 31, 2020 provided the employees remain in service until then.The fair value of the share option cannot be estimated reliably. The par value per ordinaryshare is P100.The option price is P125 and the market value of the ordinary share is also P125 at the dateof grant. All share options vested on December 31, 2020 and no employees left the entity.The share options can be exercised starting January 1, 2021 and expire two years after. Allshare options are exercised on December 31, 2021. The share market prices are P150 onDecember 31, 2019, P180 on December 31, 2020 and P200 on December 31, 2021.Required:A. Prepare journal entries from 2019 to 2021

On November 1, 2025, Columbo Company adopted a stock-option plan that granted options to key executives to purchase 30,000 shares of the company's $10 par value common stock. The options were granted on January 2, 2026, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $40, and the fair value option-pricing model determines the total compensation expense to be $450,000. All of the options were exercised during the year 2029: 20,000 on January 3 when the market price was $67, and 10,000 on May 1 when the market price was $77 a share. Prepare journal entries relating to the stock option plan for the years 2026, 2027, and 2028. Assume that the employee performs services equally in 2026 and 2027. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is…

Nadal Company has 20 executives to whom it grants compensatory share options on January 1, 2019. At that time, it grants each executive the right to purchase 120 shares of its $5 par common stock at $40 per share after a 3-year service period. The value of each option is estimated to be $8.50 on the grant date. Based on its average employee turnover rate each year, Nadal expects that 2 executives will not vest in the plan. At the end of 2021, Nadal confirms that the actual turnover was the same as expected. On January 5, 2022, 5 executives exercise their options. Required:   Prepare Nadal’s journal entries for 2019 through 2022 in regard to its compensatory share option plan.

Prepare any necessary journal entries for Red Robin's stock-based compensation plan for 2022. Red Robin granted 67,200 employee stock options on January 1, 2021. The options give the employees the right to acquire 67,200 shares of Red Robin's common stock for an exercise price of $21.65 per share. The market price on the date of grant was $21.65. The required vesting period is 2 years, so the options vest on December 31 of the current year (2022). The options have a 7-year expiration period. Additional information is below: Fair Value Actual Forfeitures Estimated Forfeiture Rate 12/31/2021 $5.65 Total compensation expense at fair value Percentage of Options Expected to vest Expected total compensation expense Cumulative rate of amortization Cumulative compensation expense Expense recognized in prior years Current year compensation expense 5% 12/31/2022 $6.25 850 4% 12/31/2021 389,760 95% 370,272 50% 185,136 185,136 12/31/2022 389,760 96% 374,170 100% 374,170 185,136 189,034