WahlenInt3ePR15-06

P15-6Name:Tuyet-Mai Nguyen 1.Complete the schedule below by filling in the green-shaded cells. An asterisk (*) will appear before incorrect amounts entered in the answer cells. SAR Annual Compensation Expense EstimatedTotalAccrued TotalCompensationCompensationYearly Fair ValueCompensationPercentExpenseExpenseCompensation Dateper SARCostAccruedto Dateto DateExpense 12/31/19$4.00$40,00025%$10,000$-$10,000 12/31/204.1041,00050%20,50010,00010,500 12/31/213.8038,00075%28,50020,5008,000 12/31/225.5055,000100%55,00028,50026,500 12/31/236.0060,000100%60,00055,0005,000 $60,000 2.To enter the journal entries, enter the appropriate account titles in the green-shaded cells in column D and the appropriate amounts in the green-shaded cells in columns J and L. An asterisk (*) will appear before incorrect amounts entered in the answer cells. Account titles will not be graded. 2019 Dec. 31Compensation Expense10,000 SAR Compensation Payable10,000 2020 Dec. 31Compensation Expense10,500 SAR Compensation Payable10,500 2021 Dec. 31Compensation Expense8,000 SAR Compensation Payable8,000 2022 Dec. 31Compensation Expense26,500 SAR Compensation Payable26,500 2023 Dec. 31Compensation Expense5,000 SAR Compensation Payable5,000 31SAR Compensation Payable60,000 Cash27,000 Addition Paid In Capital - Common Stock18,000 Common Stock15,000