Which of the following journal entries would be recorded when an entity contributes cash to its defined benefit pension plan? Select one: O a. DR Cash; CR Net defined benefit liability O b. DR Pension assets; CR Cash O c. DR Cash in trust; CR Cash O d. DR Net defined benefit liability; CR Cash

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.