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Business, 21.11.2019 04:31 aleiahmartin

Castillo company has a defined benefit pension plan. at the end of the reporting year, the following data were available: beginning pbo, $75,000; service cost, $18,000; interest cost, $5,000; benefits paid for the year, $9,000; ending pbo, $89,000; the expected return on plan assets, $10,000; and cash deposited with pension trustee, $17,000. there were no other pension-related costs. the journal entry to record the annual pension costs will include a credit to the pbo for:

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Castillo company has a defined benefit pension plan. at the end of the reporting year, the following...
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