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Employee share ownership plans
Grieger Inc. set up an ESOP under which employees may purchase shares of the company for $ 20 per share. The option premium is $ .50 per share and Grieger set aside 20,000 shares. On January 1, 2020, 12,000 options are purchased by employees. On December 1, 2020, all 12,000 options are exercised.
Instructions
Prepare the journal entries to record the above events.
Problem-Related
Concerning or pertaining to issues or challenges that need to be addressed or solved.
Potential Problem
A situation or condition that could become problematic if not addressed in a timely and effective manner.
Stress Management Strategies
Techniques and approaches used to control stress levels and promote relaxation and well-being.
Spirituality
The quality of being concerned with the human spirit or soul as opposed to material or physical things, often involving a sense of connection to something greater than oneself.
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