10 and 11

Cash contributions to the pension plan increases a) pension expense b) the company's cash balance c) OCI d) the plan assets Use the following information for questions Bronks Co. had pension plan assets and of $150,000 on 1/1/11. service cost for the year was $40,000. R contributed s30,000 during the Year and paid benefits of $20,000. Its expected rate of return was 10ee while its actual rate was 8%. Pension expense for the year is a)$37.000 b) $40,000 c) $43,000 d) $30,000 What is the PBO balance on 12/31/11. a)$195,000 b)$192,000 c)$175,000 d)$185,000 In a partnership liquidation, the final cash distribution to partners is made in accordance with the partner's income sharing ratio balances of partners' capital accounts ratio of original investments by partners ratio of original investments less withdrawals by partners