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 $79,245. 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 Record the bonus due the employees at December 31. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal