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On December 31, 2018, the Following Pension-Related Data Were Available

Question 24

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On December 31, 2018, the following pension-related data were available for CPS Industries' noncontributory, defined benefit pension plan: On December 31, 2018, the following pension-related data were available for CPS Industries' noncontributory, defined benefit pension plan: Required: 1) Prepare the 2018 journal entry to record pension expense. 2) How will the statement of comprehensive income be affected by any 2018 gains and losses? Required:
1) Prepare the 2018 journal entry to record pension expense.
2) How will the statement of comprehensive income be affected by any 2018 gains and losses?

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