For an equity-settled option plan, the cumulative expense recognised at the previous closing is 250,000. At the year-end, the entity revises downwards the number of options expected because of more leavers, and the recomputed cumulative expense is 210,000. Record the entry for the year.
- Cumulative expense recognised at the previous closing
- 250,000
- Cumulative expense recomputed at the closing date
- 210,000