On January 1, 2017, Bubert Corporation issues 10,000 shares of $5 par restricted stock to its key executives. The market value of unrestricted shares of the same stock on the date of issue is $25 and there is a four-year vesting period. Record the journal entries for the issuance of the restricted shares, as well as compensation expense for the first year.

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The Answer of On January 1, 2017, Bubert Corporation issues 10,000 shares of $5 par restricted stock to its key executives. The market value of unrestricted shares of the same stock on the date of issue is $25 and there is a four-year vesting period. Record the journal entries for the issuance of the restricted shares, as well as compensation expense for the first year.

On January 1, 2017, Bubert Corporation Issues 10,000 Shares of $5