As of December 31, Bayer, Inc., agrees to provide a bonus of $50,000 to its employees (to be equally shared by all). The bonus will be paid in January. Required:
Prepare the December 31 adjusting entry for Bayer.

Dec. 31

Dr Bonus expense$50,000

Cr Bonus payable $50,000

Explanation:

Preparation of the December 31 adjusting entry for Bayer.

Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:

Dec. 31

Dr Bonus expense$50,000

Cr Bonus payable $50,000

first one

explanation:

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported