At the end of an accounting period a company calculates the amount of pension expense to be
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At the end of an accounting period a company calculates the amount of pension expense to be charged. What double entry is required to record this?
(a) Debit provision for pension, credit pension expense.
(b) Debit cash, credit pension expense.
(c) Debit pension expense, credit cash.
(d) Debit pension expense, credit provision for pension.
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Related Book For
Financial Accounting An International Introduction
ISBN: 9780273685203
2nd Edition
Authors: David Alexander
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