What the general fund would recognize


A city's annual required contribution for the OPEB plan offered to their General Fund employees is $14,000. The city does not choose to make the annual required contribution but instead will continue to pay post-retirement benefits as they come due. The current year's benefit payments total $2,500. what the General Fund would recognize an expenditure of:

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Accounting Basics: What the general fund would recognize
Reference No:- TGS0101216

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