Business, 02.03.2020 19:27, jiggyN

On January 1, 2020, Metlock Corporation granted 2,000 shares of restricted $5 par value common stock to executives. The market price (fair value) of the stock is $65 per share on the date of grant. The period of benefit is 2 years. Prepare Barwood’s journal entries for January 1, 2019, and December 31, 2019 and 2020.

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On January 1, 2020, Metlock Corporation granted 2,000 shares of restricted $5 par value common stock...