A Pension Trust Fund Pays $1,200,000 of Retirement Benefits $\begin{array}{llr} \text {Expenditures-retirement benefits } &1,200,000\\ \text { Cash } &&1,200,000\\\end{array}$

A Pension Trust Fund pays $1,200,000 of retirement benefits. What journal entry would be necessary to record this transaction?
a.
$\begin{array}{llr} \text {Expenditures-retirement benefits } &1,200,000\\ \text { Cash } &&1,200,000\\\end{array}$

b.
$\begin{array}{llr} \text { Expenditures-retirement benefits } &200,000\\ \text { Cash } &&1,200,000\\\end{array}$

c.
$\begin{array}{llr} \text { Deductions-retirement benefits} &1,200,000\\ \text { Cash } &&1,200,000\\\end{array}$

d.
$\begin{array}{llr} \text { Other financing use-retirement benefits } &1,200,000\\ \text {Cash } &&1,200,000\\\end{array}$