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Carolina Consulting Company has a defined benefit pension plan. The following pension-related data were available for the current calendar year: There were no other relevant
Carolina Consulting Company has a defined benefit pension plan. The following pension-related data were available for the current calendar year: There were no other relevant data. Required: 1. Calculate the 2024 pension expense. 2. Prepare the 2024 journal entries to record pension expense and funding. 3. Prepare any journal entries to record any 2024 gains or losses. Complete this question by entering your answers in the tabs below
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