An entity issued 50 shares each to its 170 employees subject to service condition of next 2 years. The settlement is to be made in cash. Grant date fair value of the share is ₹ 85 each, however, the fair value as at end
CS Executive · Corporate and Management Accounting · PYQS · December 2024
An entity issued 50 shares each to its 170 employees subject to service condition of next 2 years. The settlement is to be made in cash. Grant date fair value of the share is ₹ 85 each, however, the fair value as at end of 1st year, 2nd year were ₹ 80 and ₹ 90 respectively. Calculate expense for year 2.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Accounting Standards
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