4.

Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2024 : Required: 1. Determine the postretirement benefit expense for 2024 . 2. Prepare the appropriate journal entries to record the (a) postretirement benefit expense, (b) funding, and (c) retiree benefits for 2024. Required: 1. Determine the postretirement benefit expense for 2024. 2. Prepare the appropriate journal entries to record the (a) postretirement benefit expense, (b) funding, and (c) retiree benefits for 2024. Complete this question by entering your answers in the tabs below. Determine the postretirement benefit expense for 2024 . Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (1.e., 10,000 should be entered as 10). Journal entry worksheet 3 Record the postretirement benefit expense. Note: Enter debits before credits