ACC 304 Endless Education /uophelp.com ACC 304 Endless Education /uophelp.com | Page 217

( a) What entry should be made at the time of the issuance of the bonds and warrants?( Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " No Entry " for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
Debit Credit
( b) Prepare the entry if the warrants were nondetachable.( Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " No Entry " for the account titles and enter 0 for the amounts.)
6) Tweedie Company issues 10,500 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair value of $ 525,000 on this date. The service period related to this restricted stock is 5 years. Vesting occurs if Tokar stays with the company until December 31, 2018. The par value of the stock is $ 10. At December 31, 2014, the fair value of the stock is $ 481,300.
( a) Prepare the journal entries to record the restricted stock on January 1, 2014( the date of grant), and December 31, 2015.( Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " No Entry " for the account titles and enter 0 for the amounts.)
( b) On July 25, 2018, Tokar leaves the company. Prepare the journal entry to account for this forfeiture.( Credit account titles are automatically indented when amount is entered. Do not