13)

At the end of Year 1, Carrot Company revised the pension benefit formula for its defined benefit pension plan to increase benefits earned in prior years. The actuarial present value of the increased benefits is $200, the average remaining service life of the employees affected by the change is 10 years, and Carrot will use the average remaining service life method for this change. Which of the following will be included in the journal entry to record prio I service cost amortization in Year 2 ? Debit to pension expense for $20 Credit to pension expense for $20 Credit to projected benefit obligation for $20 Debit to prior service cost for $20