At the end of the current year, Eastern Electric received the following information from its actuarial firm:

Pension expense	$	3,000,000
Postretirement benefits expense		650,000

The pension plan is fully funded. Eastern Electric has funded only 40% of the nonpension postretirement benefits this year.

a-b.	Record pension expense and nonpension postretirement benefit expenses for the entire year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

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Record the payments to a fully funded pension plan.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
a.
b. transaction general journal debit credit table