(Answered) Question pension expense journal entries for 2 years gordon

Accounting

Question: (Pension Expense, Journal Entries for 2 Years) Gordon Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2014 and 2015.

Instructions: (a) Compute pension expense for 2014 and 2015.

(b) Prepare the journal entries to record the pension expense and the company's funding of the pension plan for both years.

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