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  3. 20) [10 points] pension data for the ben franklin

20) [10 points] Pension data for the Ben Franklin Company include the following...

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Accounting

image 20) [10 points] Pension data for the Ben Franklin Company include the following for the current calendar year: Discount rate, 8% Expected return on plan assets, 10% Required: 1. Determine pension expense for the year. 2. Prepare the journal entries to record pension expense and funding for the year

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