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Question Help o On December 31, Dupont Company estimates that it will pay its employees a 5% bonus on net income after deducting the bonus. The company reports net income of $50,000 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 Dupont. Date Accounts and Explanation Debit Credit Dec. 31 Requirement 2. Journalize the payment of the bonus on January 15. Date Accounts and Explanation Debit Credit Jan. 15 Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later On December 31, Dupont Company estimates that it will pay its employees a 5% bonus on net income after deducting the bonus. The company 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 jo Dec. 31 Requirement 2. Journalize the payment of the bonus on January 15. Debit Credit Date Accounts and Explanation Jan. 15 Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later