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Prepare the 12/31/203 journal entry to record pension expense assuming the company contributes $200,000 to the plan at the end of 203. Prepare the 12/31/203

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Prepare the 12/31/203 journal entry to record pension expense assuming the company contributes $200,000 to the plan at the end of 203. Prepare the 12/31/203 journal entry/entries to reflect the amortization that was included in pension expense (if any). Calculate pension expense for Strait Company for 203. Be sure to show your work for partial credit. Use the information below to answer the following question The following information pertains to Strait Compary's pemion ol in: In addition to the information presented above. Strait Company amended their pension plan on 1/1/203, which triggered $500,000 of unrecognized prior service cost. The company uses the corridor approach to determine how much actuarial gain or loss to amortize and plans to amortize the prior service cost and any actuarial gain or loss using the straight-line method over the average remaining service lives of its employees

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