Question: B D E F G H J K L M Pension assigned a ABC co.decides to offer a defined benefits pension plan to employees. Please

B D E F G H J K L M Pension

B D E F G H J K L M Pension assigned a ABC co.decides to offer a defined benefits pension plan to employees. Please tell the company the net plan assets, and any journal entries to record if applicable. DBO opening $ 10,000,000 DBA opening $ 9,000,000 service costs $ 1,200,000 interest 10% paid to pensioners $ 500,000 contributions $ 750,000 8 4 5 6 7 8 9 CO 2 23 24 25 26 27 28 29 30

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