On January 1, 2021, Tru Fashions Corporation awarded restricted stock units (RSUs) representing 5 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years.

After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares.

On the grant date, the shares had a market price of $9.00 per share.

Required:

1. Determine the total compensation cost pertaining to the RSUs.

2. Prepare the appropriate journal entry to record the award of RSUs on January 1, 2021.

3. Prepare the appropriate journal entry to record compensation expense on December 31, 2021.

4. Prepare the appropriate journal entry to record compensation expense on December 31, 2022.

5. Prepare the appropriate journal entry to record compensation expense on December 31, 2023.

6. Prepare the appropriate journal entry to record the lifting of restrictions on the RSUs and issuing shares at December 31, 2023

Which factor determines who a society will produce goods and services for?

Francesca opened a checking account at first bank one month ago. during the month she wrote 25 checks. first bank will charge her $.25 per check. this fee per check is called a a. service charge b. monthly charge c. transfer charge d. debit charge

The mccolls have made an offer on a new home. the home is new construction and scheduled to be completed by the end of the year. they provide a purchase deposit--a check in the amount of $40,000--to their agent, suzette. suzette, at the broker's direction, deposits the earnest money in the broker's trust fund account within two business days of receipt of the funds. did suzette follow the proper procedures? a. no, the check should not have been cashed. if a check is used as an earnest money deposit, it is to be held until acceptance of the offer. the seller must also be informed the buyer's check is being held and not negotiated.b. yes, suzette deposited the earnest money in the broker's trust fund account as directed. she also deposited the check within three business days of receipt. unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed.c. no, suzette needed to deposit the earnest money in the broker's trust fund account within two days of receipt, not necessarily two business days.d. both a and c