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Using the preceding data, compute pension expense for Flounder Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for
Using the preceding data, compute pension expense for Flounder Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.)
Use the market-related asset value to compute the expected return and for corridor amortization.
Expected return | $ | |
Corridor amortization | $
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