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The accountant for Marlin Corporation has developed the following information for the company's defined-benefit pension plan for 2019: The projected benefit obligation at January 1,

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The accountant for Marlin Corporation has developed the following information for the company's defined-benefit pension plan for 2019: The projected benefit obligation at January 1, 2019, amounted to $3,500,000. Using the above data, on your scratch paper, prepare the journal entry to record pension expense and the employers' contribution to the pension plan in 2019. Use the journal entry on your scratch paper to answer the following questions: What is the amount of the Pension Asset/Liability and is it a debit or a credit in the journal entry? What is the amount of the Other Comprehensive Income (PSC), if any, and is it a debit or a credit in the journal entry

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