5 mts 04:05:43 Pension data for Barry Financial Services Incorporated include the following: Discount rate, 78...

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5 mts 04:05:43 Pension data for Barry Financial Services Incorporated include the following: Discount rate, 78 Expected return on plan assets, 94 Actual return on plan assets, B Service cost, 2024 January 1, 2024: Projected benefit obligation Accumulated benefit obligation Plan assets (fair value) (5 in thousands) $ 330 2,400 2,100 2,500 335 350 December 31, 2024: Prior service cost- AOCI (2024 amortization, $35) Net gain- AOCI (2024 amortization, $6) eBook There were no changes in actuarial assumptions. Hint Cash contributions to pension fund, December 31, 2024 Print ferences Benefit payments to retirees, December 31, 2024) Required: 1. Determine pension expense for 2024. 265 290 2. Prepare the journal entries to record (a) pension expense, (b) gains and losses (if any). (c) funding, and (d) retiree benefits for 2024, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine pension expense for 2024. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands rounded to 1 decimal place (i.e. 5.500 should be entered as 5.5). Check my 5 mts 04:05:43 Pension data for Barry Financial Services Incorporated include the following: Discount rate, 78 Expected return on plan assets, 94 Actual return on plan assets, B Service cost, 2024 January 1, 2024: Projected benefit obligation Accumulated benefit obligation Plan assets (fair value) (5 in thousands) $ 330 2,400 2,100 2,500 335 350 December 31, 2024: Prior service cost- AOCI (2024 amortization, $35) Net gain- AOCI (2024 amortization, $6) eBook There were no changes in actuarial assumptions. Hint Cash contributions to pension fund, December 31, 2024 Print ferences Benefit payments to retirees, December 31, 2024) Required: 1. Determine pension expense for 2024. 265 290 2. Prepare the journal entries to record (a) pension expense, (b) gains and losses (if any). (c) funding, and (d) retiree benefits for 2024, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine pension expense for 2024. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands rounded to 1 decimal place (i.e. 5.500 should be entered as 5.5). Check my