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How much should the company expense for this bonus

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Reference no: EM132534317

Question - On January 1, 2019, a company's new president was awarded a $200,000 bonus that would be paid out in two $100,000 installments in 2021 (year 3) and 2022 (year 4) of employment, contingent on employment through the year ending December 31, 2020. How much should the company expense for this bonus in 2020 and 2021?

Reference no: EM132534317

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