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  3. at december 31, 2020, mongo, inc. reported in its

At December 31, 2020, Mongo, Inc. reported in its balance sheet a net loss of...

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Accounting

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At December 31, 2020, Mongo, Inc. reported in its balance sheet a net loss of $3 million related to its pension plan. The actuary for Mongo at the end of 2021 increased her estimate of future salary levels Mongo's entry to record the effect of this change will include: Multiple Choice A debit to loss-OCI and a credit to plan assets. A debit to pension expense and a credit to PBO. A debit to pension expense and a credit to plan assets. A debit to loss-OCI and a credit to PBO

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