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KDP Company pays wages of $1,180,000 this period and has a defined-contribution pension plan that requires the company to contribute 9% of total wages into
KDP Company pays wages of $1,180,000 this period and has a defined-contribution pension plan that requires the company to contribute 9% of total wages into the plan. What is the journal entry to record KDP's pension expense? (Assume the contribution was paid cash. Record debits first, then credits. Exclude explanations from any journal entries.) Account Current Year
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