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On December 31, 2018, Mallard Inc. reported in its balance sheet a net loss of $12 million related to its postretirement benefit plan. The actuary
On December 31, 2018, Mallard Inc. reported in its balance sheet a net loss of $12 million related to its postretirement benefit plan. The actuary for Mallard at the end of 2019 increased her estimate of future healthcare costs. Mallard's entry to record the effect of this change will include a debit to
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