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3. For the year ended December 31, Lopez Company implements and employee bonus program based on company net income, which the employees share equally. Lopez's

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3. For the year ended December 31, Lopez Company implements and employee bonus program based on company net income, which the employees share equally. Lopez's bon us expense is computed as $14,563. Prepare the journal entry at Dec 31 to record the bonus due the employees. Prepare the later journal entry at Jan 19 to record payment of the bonus to employees

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