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abbott and abbott has a noncontributory defined benefit pension plan. at december 3 1 2 0 2 4 abbott and abbott received the following information.
abbott and abbott has a noncontributory defined benefit pension plan. at december abbott and abbott received the following information. balance january $ service cost, interest cost benefits paid
balance january actual return on assets contributions benefits paid Abbott and Abbott has a noncontributory, defined benefit pension plan. At December Abbott and Abbott received the
following information:
The expected longterm rate of return on plan assets was There was no prior service cost and a negligible net lossAOCl on
January
Required:
Determine Abbott and Abbott's pension expense for
Prepare the journal entries to record Abbott and Abbott's a pension expense, b funding, and c payment for
Complete this question by entering your answers in the tabs below.
Determine Abbott and Abbott's pension expense for
Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions ie should
be entered as
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