Answer sheet for assignment 2 Provide your answers to assignment 2 in the following tables and spaces provided Task One It is stated under AASB2 that companies must value and record as an expense any options granted to employees in exchange for their services. Previously Australian companies recorded share-based payments in the notes to the financial statements, arguing that share-based payments did not cost the company anything. Do you think there is any logic to the argument that share-based payments did not cost the company anything? Discuss. Task two Date Spot rate Forward rate Receivable on forward contract Amount payable on forward contract Fair value of forward contract Gain/(loss) on forward contract Journal entries DATE ACCOUNT Debit Credit DATE ACCOUNT Debit Credit