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Beale Management has a noncontributory, defined beneft pension plan On December 31.2024 (the end of Beales fiscal year, the following pension-related dota were available Required:

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Beale Management has a noncontributory, defined beneft pension plan On December 31.2024 (the end of Beales fiscal year, the following pension-related dota were available Required: 1. to 3. Piepore the jouinal entries reculied for the pension during 2024 4. Determine the balances at December 31, 2024, in the net gain-AOCi, and prior service cost-AOCi. [hint you might find T-accounts usefuil 5. What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension iability for the hinded status of the plant? Complete this question by entering your answers in the tabs below. repare the joumal entries required for the pension during 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter you nillions. (i.e., 10,000,000 should be entered as 10). 1. to 3. Prepare the joumal entries required for the pension during 2024. 4. Determine the balances at December 31, 2024, in the net gain-AOCI, and prior service cost-AOCl. [Hint: You might find T-accounts useful.] 5. What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension liability for the funded status of the plan? Complete this question by entering your answers in the tabs below. Determine the balances at December 31,2024 , in the net gain-AOCI, and prior service cost-AOCI. [Hint: You might find Tsccounts useful.] acoounts useful. Note: Enter your answers in millions: (i.e., 10,000,000 should be entered as 10), Required: 1. to 3. Prepare the journal entries required for the pension during 2024. 4. Determine the balances at December 31, 2024, in the net gatn-AOCl, and prior service cost-AOCl. [Hint: You might find T-accounts useful. 5. What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension liability for the funded status of the plan? Complete this question by entering your answers in the tabs below. What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension liability for the funded status of the plan? Note: Enter your answers in mallions. (1.e, 10,000,000 should be entered as 10)

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