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answer part b please Question 3 Question 9 of 22 6.67 / 20 () Question 4 ALBUM Prepare the journal entry to record pension expense
answer part b please
Question 3 Question 9 of 22 6.67 / 20 () Question 4 ALBUM Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account tities and enter for the amounts) Questions Acrown Account Titles and Explanation Debit Credit Question 6 Acom Question 7 Ang Map Question & Accoung Drophow Viewing Question 9 Account (To record pension expense and employer's contribution) Question 10 Accounting Drop eTextbook and Media Question 11 Accounting Drop Question 9 of 22 6.67/20 IIT Question 3 ARE View Policies Show Attempt History Current Attempt in Progress Question 4 Account Question 5 Accounting Dropdown Larkspur Company received the following selected information from its pension plan trustee concerning the operation of the company's defined Benefit pension plan for the year ended December 31, 2020. Question 6 December 31, 2020 January 1, 2020 $1,488,000 $1.514.000 1,135,900 Question 7 Accounting 809,000 Projected benefit obligation Market-related and fair value of planassets Accumulated benefit obligation Accumulated OC G/L) -Netan 1,600,000 1.718,800 Question 8 Accord 0 (198,800 Viewing Question 9 A. The service cost component of pension expense for employee services rendered in the current year amounted to 576,000 and the amortization of prior service cost was $118.800. The company's actual funding contributions) of the plan in 2020 amounted to $246,000. The expected return on plan assets and the actual rate were both 10%, the interest/discount settlement) rate was 10% Accumulated other comprehensive income (PSC) had a balance of $1,188,000 on January 1, 2020. Assume no benefits paid in 2020. Question 10 Accorre Deptown Question 11 (a) Question 4 Ang (a) Question 5 Acco Your answer is correct Questions Determine the amounts of the components of pension expense that should be recognized by the company in 2020. (Enter amounts that reduce pension expense with either a negative sin preceding the numbers 45 or parenthesises (451) Question 7 Acco Components of Pension Expense Service Cost 76000 Questions verton Projected Set Obligation 148300 Viewing Question AM -8000 Expected Retumen Aneh Anoritation of Prior Service Cont Question 10 Acco 118300 202700 Question 11 Accordo 13 e Textbook and Media Question 12 Amaran List of Accounts Question 13 Step by Step Solution
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