Venus Company plans to pay its staff a bonus equal to 5% of the company's net income. Venus estimates to earn an income of $280,000. Record the employee bonus payable. Select one: a. Debit Employee Bonus Payable $7,000, Credit Accounts Payable $7,000 b. Debit Employee Bonus Payable $14,000, Credit Cash $14,000 c. Debit Employee Bonus Expense $7,000, Credit Accounts Payable $7,000 d. Debit Employee Bonus Expense $14,000, Credit Employee Bonus Payable $14,000