On 1st April 2023 XYZ Ltd. granted 5000 ESOPs at ₹ 30 per share, when the market value was ₹ 50 per share. The options were to be exercised till the month of March, 2024. Calculate the amount of expenditure to be recorde
CS Executive · Corporate and Management Accounting · PYQS · December 2024
On 1st April 2023 XYZ Ltd. granted 5000 ESOPs at ₹ 30 per share, when the market value was ₹ 50 per share. The options were to be exercised till the month of March, 2024. Calculate the amount of expenditure to be recorded in Statement of P & L of the company. Assume all employees vested the option of ESOP.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Employee Stock Options
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