Campbell Soup Company reported pension expense of $91 million and contributed $80.0 million to the pension fund. Prepare Campbell's journal entry to record pension expense and funding, assuming campbell has no OCI amounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Enter amount in dollars instead of million dollars.) Account Titles and Explanation Debit Credit

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter19: Accounting For Post Retirement Benefits
Section: Chapter Questions
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Campbell Soup Company reported pension expense of $91 million and contributed $80.0 million to the pension fund.
Prepare Campbell's journal entry to record pension expense and funding, assuming campbell has no OCI amounts. (Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Enter amount in dollars
instead of million dollars.)
Account Titles and Explanation
Debit
Credit
Transcribed Image Text:Campbell Soup Company reported pension expense of $91 million and contributed $80.0 million to the pension fund. Prepare Campbell's journal entry to record pension expense and funding, assuming campbell has no OCI amounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Enter amount in dollars instead of million dollars.) Account Titles and Explanation Debit Credit
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