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Business, 19.12.2019 22:31 sarahppalenz9519

For the year ended december 31, lopez company implements an employee bonus program based on company net income, which the employees share equally. lopezâs bonus expense is computed as $40,777. 1. & 2. prepare the journal entry at december 31 to record the bonus due and january 19 to record payment of the bonus to employees.

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