For the year ended December 31, Lopez Company implements an employee bonus program based on company net income, which the employees share equally. Lopezs bonus expense is computed as $47,619.

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.

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 $47.619 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. 45.22 View transaction list Journal entry worksheet Record the bonus due the employees at December 31 Note: Enter debits before credits Date General Journal Debit Credit Dec 31 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 $47.619. 182. 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 Record the payment of bonus to the employees Note: Enter debit before credits. General Journal Debit Credit Jan 19