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Business, 22.08.2019 01:20 alexandrecarmene

Elm city contributes to and administers a single‐employer defined benefit pension plan on behalf of its covered employees. the plan is accounted for in a pension trust fund. actuarially determined employer contribution requirements and contributions actually made for the past three years, along with the percentage of annual covered payroll, were as follows: contribution made actuarial requirement amount percent amount percent 2005 $11,000 26 $11,000 26 2004 5,000 12 10,000 24 2003 none none 8,000 20 to record the 2005 pension contribution of $11,000, what debit is required in the governmental‐type fund used in connection with employer pension contributions?

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