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Vega corporation expects to pay a 4​% bonus on net income after deducting the bonus. assume the corporation reports net income of $130,000 before the calculation of the bonus. the journal entry to record
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Vega corporation expects to pay a 4​% bonus on net income after deducting the bonus. assume the corporation reports net income of $130,000 before the calculation of the bonus. the journal entry to record the accrued bonus includes

User Blackjacx
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Hey there!

the answer is

A credit to Employee Bonus Payable, $5,000

thank you

Best regards

OFFICIALLYSAVAGE2003

User Shalanda
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