For the year ended December 31. Lopez Company imploments an employee bonus program based on company net income, which the employees share equally. Lopez's bonus expense is computed as $56,796. 1. 82. Prepare the journal entries at December 31 to record the bonus due and later 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. Journal entry worksheet Record the payment of bonus to the employees. Note: Enter debits before credits