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Ch 11 Homework A - Graded Question 6, SF11-9 (similar to) Part 1 of 2 HW Score: 26.32%, 25 of 95 points O Points: 0

Ch 11 Homework A - Graded Question 6, SF11-9 (similar to) Part 1 of 2 HW Score: 26.32%, 25 of 95 points O Points: 0 of 10 Save On December 31, Rodriguez Company estimates that it will pay its employees a 6% bonus on net income after deducting the bonus. The company reports net income of $68,000 before the calculation of the bonus. The bonus will be paid on January 15 of the next year. Read the requirements. (Record debits first, then credits. Round all amounts to the nearest cent. Select the explanation on the last line of the journal entry table.) Requirement 1. Journalize the December 31 transaction for Rodriguez. Date Dec. 31 Accounts and Explanation Requirements Debit Credit 1. Journalize the December 31 transaction for Rodriguez. 2. Journalize the payment of the bonus on January 15. - X

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