Where the right to obtain Shares or Stock options expires unexercised, the balance standing to the credit of Employee Stock Option Outstanding A/c should be transferred to :

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Where the right to obtain Shares or Stock options expires unexercised, the balance standing to the credit of Employee Stock Option Outstanding A/c should be transferred to :
(A) Profit & Loss A/c
(B) General Reserve A/c
(C) Share Based Payment Reserve A/c
(D) Securities Premium A/c

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Corporate Accounting

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