WHAT IS SHARE OPTION OUTSTANDING ACCOUNT??
Answer / khyati
1)Shown as a part of Reserves & Surplus in the Revised Schedule VI Balance sheet
2)Represents credit side of ESOP expenses booked by the companies which have granted ESOPs to their employees
3)The ESOP expenses should be charged over to P/L with credit to ESOP outstanding account in the vesting period
| Is This Answer Correct ? | 34 Yes | 10 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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