Question: For 2012, Sampsell Inc. computed its annual postretirement expense as $240,900. Sampsells contribution to the plan during 2012 was $180,000. Prepare Sampsells 2012 entry to

For 2012, Sampsell Inc. computed its annual postretirement expense as $240,900. Sampsell’s contribution to the plan during 2012 was $180,000. Prepare Sampsell’s 2012 entry to record postretirement expense.

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