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7 8.75 points 02:42:41 eBook Hint For the year ended December 31, Lopez Company Implements an employee bonus program based on company net Income,
7 8.75 points 02:42:41 eBook Hint For the year ended December 31, Lopez Company Implements an employee bonus program based on company net Income, which the employees share equally. Lopez's bonus expense is computed as $59,524. 1&2 Prepare the journal entry at December 31 to record the bonus due and later January 19 to record payment of the bonus to employees. View transaction list Journal entry worksheet < 1 2 Record the bonus due the employees at December 31. _ References Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Record entry Clear entry View general journal
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