Exercise 11-14 (Static) Recording bonuses LO P4 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 $14,563 1. \& 2. Prepare the journal entries at December 31 to record the bonus due and fater on January 19 to record payment of the bonus to employees. Journal entry worksheet Record the bonus due to the employees at December 31 . Note: Enter debits before credits. Record the payment of bonus to the employees. Note: Enter debits before credits