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Business, 30.11.2021 17:10 mdaniella522

Under its restricted stock award plan, Katrin Corp. grants 100,000 of its $1 par value common shares to certain executives on January 2, 2018. The awards are contingent on continued employment for 4 years. Shares have a current market value of $10 per share. On January 2, 2022, Katrin's journal entry should include

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Under its restricted stock award plan, Katrin Corp. grants 100,000 of its $1 par value common shares...
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