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    OWURAKU's Avatar
    OWURAKU Posts: 1, Reputation: 1
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    #1

    Oct 27, 2008, 05:54 AM
    Journal Entry for Pension payable
    To post entry for Pension Payable, what would debit be? Credit Pension Payable for say 250.00, what is other side?
    muslimrao's Avatar
    muslimrao Posts: 34, Reputation: 2
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    #2

    Oct 28, 2008, 12:07 PM

    Pension expense (DEBIT) -- 250.00
    Pension payable (CREDIT) -- 250.00
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