Business
Business, 02.12.2021 22:00, hokamidat

In January 2021, Vaughn Manufacturing estimated that its year-end bonus to executives would be $938000 for 2021. The actual amount paid for the year-end bonus for 2020 was $858000. The estimate for 2021 is subject to year-end adjustment. What amount, if any, of expense should be reflected in Vaughn's quarterly income statement for the three months ended March 31, 2021?

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In January 2021, Vaughn Manufacturing estimated that its year-end bonus to executives would be $9380...

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