For 2010, assume that Wm Morrison Supermarkets plc had pension expense of $61,000 and contributed...
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Accounting
For 2010, assume that Wm Morrison Supermarkets plc had pension expense of $61,000 and contributed $52,000 to the pension fund. What would be Morrisons journal entry to record pension income and funding
Select one:
a. Dr. Pension Expense $61,000 Cr. Cash $61,000
b. Dr. Pension Expense $52,000 Cr. Cash $52,000
c. Dr. Pension Expense $61,000 Dr. Pension Asset/Liability $9,000 Cr. Cash $52,000
d. Dr. Pension Expense $61,000 Cr. Pension Asset/Liability $9,000 Cr. Cash $52,000
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