If a defined contribution pension scheme provided a pension that was 6% of salary each year; the

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If a defined contribution pension scheme provided a pension that was 6% of salary each year; the company had a payroll cost of€5 million, and the company paid €200,000 in the yean what would be the income statement charge and the balance sheet liability at the year-end?LO14-5

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Financial Accounting And Reporting

ISBN: 9780273703648

10th Edition

Authors: Mr Barry Elliott, Jamie Elliott

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