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On January 1,2025, Tamarisk Corporation granted 2,000 shares of restricted $5 par value common stock...

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Accounting

On January 1,2025, Tamarisk Corporation granted 2,000 shares of restricted $5 par value common stock to executives. The market
price (fair value) of the stock is $66 per share on the date of grant. The period of benefit is 2 years.
Prepare Tamarisk's journal entries for January 1,2025, and December 31,2025 and 2026.(List all debit entries before credit entries.
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 O for the amounts. Record journal entries in the order presented in the problem.)
Date
Account Titles and Explanation
Debit
Credit
image

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