Question
Journal Entry 2014 Pension Expense 9,000 Cash 8,000 Pension Asset/Liability 1,000 In regards to ajournal entry to record pension expense, what are your assumptions that
Journal Entry
2014
Pension Expense 9,000
Cash 8,000
Pension Asset/Liability 1,000
In regards to ajournal entry to record pension expense, what are your assumptions that cash outflow is only $1000 while pension expense is $9000?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
ISBN: 978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
