At the beginning of 20x1, ABC Company awards 25 employees a total of 100,000 units...
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Accounting
At the beginning of 20x1, ABC Company awards 25 employees a total of 100,000 units of Stock Appreciation Rights. After four years of service, the remaining employees will be entitled to cash payment calculated as the excess of share price over $5.00. At the end of 20x1, it is estimated that 17 of the 25 employees will remain and that the fair value of the entire 100,000 units is $100,000. What amount will be debited or credited to compensation expense at the end of 20x1? Group of answer choices A debit of $17,000 A credit of $25,000 A debit of $68,000 A debit of $25,000
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