Problem
On January 1,2021 cobler corporation awarded restricted stock unit (RSUs) representing 30.6 million of its par common shsres to key officers, subject to forfeiture if employment is terminated within three years. After the recepants of the RSUs satisfy the visiting requirement, the company will distribute the shares. on the grant date , the shares had a market price share.
Task
Determine the total compensation cost pertaining to the RSUs to 6 prepare appropriate journal entries