Question

Pension Worksheet die sau co the year 2014 Service Cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2014 Projected benefit obligation, January 1,2014 Accumulated OCI (PSC), January 1, 2014 Interest/discount (settlement rate) $210,000 263,000 35,000 123,000 220,000 1,440,000 1,800,000 325,000 9% v/ Prepare a pension worksheet inserting January 1, 2014, balances, showing December 31, 2014 balances and the journal entry recording pension expense. Pla

Answer 1

ANS pension expense -35000 : 1800 000x7 162000 -Achja! expected Reka ถ = 123000 pension exPense 210 000+ 350o0+ 162000-123000 pension expense = 요 84000.

pse pone a pensi on wo#5ǐeet noming Toni, 2014 balonce s. Shauing Dec -3190 Ganetol Joral entues arnn pension Cosh expense ilem $ ncome esive benelH plon 20/4 360000 8OO 00o 44000 Sovies cost 210 000 210000 Intaest cost 169000 123000 35000 [62000 Actual expecle 23000 of PsC, 35000 963000 genAts paid 26 3000 20 000 00000 Jounal enloy Po I 934000 263000 35000 ACCumJla led OCI pec-2) BalomG, pe@mbot 31, 00l4 56000 325000 290000 30 4000 1952000 136000

ing pens)on expense penson expense pensyon asse 934-000 56000 cash 263000 ohei comperehenstve nCome 35000