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Actuary and trustee reports indicate the following changes in the PBO and plan assets of Mahomes Industries during 2024 : Prior service cost at January

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Actuary and trustee reports indicate the following changes in the PBO and plan assets of Mahomes Industries during 2024 : Prior service cost at January 1, 2024, from plan amendment at the beginning of 2021 (arortizationt $6 million per year) Net loas-Aoci at January 1, 2024 (previous losses exceeded provious gains) Average remaining sorvice life of the notive employee group Aetuory's discount rate Required: 1-a. Determine Mohomes's pension expense for 2024. 1.b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2024 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Complete this question by entering youir answers in the tabs below. Determine Mahomes's pension expense for 2024. Note: Amounts to be dedocted should be indicated with a minus sign. Enter your answers in millions (1.e., 10,000,000 should be entered as 10). Journal entry worksheet 4 Fote: enter aebits before credits. Journal entry worksheet 4 wote: enter qepirs derore credirs. Journal entry worksheet Journal entry worksheet 5 Record the cash contribution to plan assets. Note: Enter debits before credits. Journal entry worksheet Actuary and trustee reports indicate the following changes in the PBO and plan assets of Mahomes Industries during 2024 : Prior service cost at January 1, 2024, from plan amendment at the beginning of 2021 (arortizationt $6 million per year) Net loas-Aoci at January 1, 2024 (previous losses exceeded provious gains) Average remaining sorvice life of the notive employee group Aetuory's discount rate Required: 1-a. Determine Mohomes's pension expense for 2024. 1.b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2024 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Complete this question by entering youir answers in the tabs below. Determine Mahomes's pension expense for 2024. Note: Amounts to be dedocted should be indicated with a minus sign. Enter your answers in millions (1.e., 10,000,000 should be entered as 10). Journal entry worksheet 4 Fote: enter aebits before credits. Journal entry worksheet 4 wote: enter qepirs derore credirs. Journal entry worksheet Journal entry worksheet 5 Record the cash contribution to plan assets. Note: Enter debits before credits. Journal entry worksheet

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