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Business, 02.12.2019 17:40 sancho7511

Colombo enterprises has a defined benefit pension plan. at the end of the reporting year, the following data were available: beginning pbo, $75,000; service cost, $14,000; interest cost, $6,000; benefits paid for the year, $9,000; ending pbo, $89,000; and the expected return on plan assets, $10,000. there were no other pension-related costs. the journal entry to record the annual pension costs will include a debit to pension expense for:

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Colombo enterprises has a defined benefit pension plan. at the end of the reporting year, the follow...
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