Big Tech Entity (BTE) grants five senior employees 20,000 share options (4,000 options each) on January 4, 20X7, to acquire shares of the entity for a fixed amount, that vest on the grant date on the condition that the market price of the shares increases by at least 10% between 1/4/20X7 and 12/31/20X8. Provide the journal entries on December 31, 20X7 and December 31, 20X8.

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The Answer of Big Tech Entity (BTE) grants five senior employees 20,000 share options (4,000 options each) on January 4, 20X7, to acquire shares of the entity for a fixed amount, that vest on the grant date on the condition that the market price of the shares increases by at least 10% between 1/4/20X7 and 12/31/20X8. Provide the journal entries on December 31, 20X7 and December 31, 20X8.

Big Tech Entity (BTE) Grants Five Senior Employees 20,000 Share