Screenshot 2023-11-05 11.41.58 PM

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Awesome Day Event Planners pays a 3% bonus to employees on annual net income after deducting the bonus. Awesome Day reports net income of $310,000 before the calculation of the bonus. The journal entry to record the bonus owed to employees would be (round to the nearest dollar): * Employee Bonus Expense 9,029 Employee Bonus Payable 9,029
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