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In a defined benefit pension plan, the employer makes an annual cash contribution to plan assets. This contribution: A. is recorded with a journal entry
In a defined benefit pension plan, the employer makes an annual cash contribution to plan assets. This contribution: A. is recorded with a journal entry that includes a credit to plan assets B. always reduces the employer's obligation to pay pension benefits in the future C. is recorded with a journal entry that includes a debit to cash D. might reduce the employers pension expense in the next period
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