Forums

Back

ESOP

Accountancy

Why are we not passing journal entries for 31st march 20X1. Its ok that it is asked only to pass entries as on 31.03.20X2 but why are we charging the entire cost(432000) to Fy20X1-X2 when the vesting petiod begins on 01.01.20X1 and ends on 31.03.20X2 (totally 15months) ? Only 345600 should be charged to p&l of 20X1-X2 and the remaining should be charged off in FY20X0-X1 right?

2b2c56d6-f18f-48d9-be6b-dd4579d17938.jpg
5dbb0bab-05d3-476d-9e35-178c34a3b64f.jpg

Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

09-Apr-21 12:34

537

Answers (1)

Its should be 01-01-X2 in question


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

09-Apr-21 14:20

Your Reply