For 2011, Benjamin Inc. computed its annual postretirement expense as $240,900. Benjamins contribution to the plan during
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For 2011, Benjamin Inc. computed its annual postretirement expense as $240,900. Benjamin’s contribution to the plan during 2011 was $160,000. Prepare Benjamin’s 2011 entry to record postretirement expense.
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Related Book For
Intermediate Accounting 2007 FASB Update Volume 2
ISBN: 9780470128763
12th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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