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3. Required information [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan
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Required information [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2024 : (\$ in milions) Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025 : ( $ in milions) Determine the new gains and/or losses in 2024 and prepare the appropriate journal entry(s) to record them. te: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers millions (i.e., 10,000,000 should be entered as 10 ). 2. Determine the new gains and/or losses in 2024 and prepare the appropriate journal entry(s) to record them. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers n millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet 2> Note: Enter debits betore creditsStep by Step Solution
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