Majority of defined benefit plans
The majority of defined benefit plans calculate average earnings over the last________ years of service for a prospective retiree.
A) 2 to 4
B) 3 to 5
C) 6 to 8
D) 7 to 9
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Prepare the entry to record Farrin's investment in the partnership, assuming the equipment has a fair market value of $5,000.
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