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Guide on Calculating Pension Expense for Defined-Contribution Plans like a 401k

This video shows how to calculate pension expense and record the pension expense journal entry for a defined-contribution plan (such as a money purchase plan or a 401k). — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • A 44-PAGE GUIDE TO U.S. TAXATION • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • MANY MORE FREE PDF GUIDES AND SPREADSHEETS * — SUPPORT EDSPIRA ON PATREON * — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: * Spotify: * Website: — GET TAX TIPS ON TIKTOK * — ACCESS INDEX OF VIDEOS * — CONNECT WITH EDSPIRA * Facebook: * Instagram: * LinkedIn: — CONNECT WITH MI...