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Kutchen co (Q1 c)
The changes of pension scheme in location 1 and 2,
why not Cr. Profit or Loss, instead of Cr. Retained Earnings (location 1)
and why not Dr. Profit or Loss, instead of Dr. Retained Earnings (location 2)
Please enlighten me!
Thank you, Sir.
P&L is RE. They are explaining the adjustment from a balance sheet perspective.