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Prepare the appropriate general journal entry to record

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Carpenter Gems began the year with a net pension liability of $84 million (underfunded pension plan). Pension expense for the year included the following ($ in millions): service cost, $30; interest cost, $18; expected return on assets, $12; amortization of net loss, $6.

Required: Prepare the appropriate general journal entry to record Carpenter's pension expense.

Reference no: EM13847429

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