Essay
The following information is related to the defined benefit pension plan of Xavier Company for 2012:
Required:
a.Using the information provided for Global,prepare the company's journal entry to record income taxes for 2012 and 2011.
b.Using the information provided for Global,determine the company's effective tax rate for 2012 and 2011.
Correct Answer:
Verified
Correct Answer:
Verified
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