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Exercise 20-20 Blue Co. provides the following information about its postretirement benefit plan for the year 2017. Part A: Use a worksheet by inserting January

Exercise 20-20

Blue Co. provides the following information about its postretirement benefit plan for the year 2017.

Part A: Use a worksheet by inserting January 1, 2017, balances, and showing December 31, 2017, balances.

Part B: Journal entry the recording postretirement benefit expense.

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