Fortune, an automobile manufacturer reports the following information related to its health care plan for 2013 (amounts in millions).
Give a single journal entry for the Fortune, to recognize health care benefits expense, the health care plan contribution, and the change in the net health care benefits asset or net health care benefits liability for 2013.Be sure to consider needed entries in Other Comprehensive Income, supporting the entry in this account with amounts from the preceding disclosures.Ignore income taxes.
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