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Blossom Corporation is a privately-owned company that uses ASPE. On January 1, 2023, Blossom's financial records indicated the following information related to the company's defined
Blossom Corporation is a privately-owned company that uses ASPE. On January 1, 2023, Blossom's financial records indicated the following information related to the company's defined benefit pension plan: Defined Benefit Obligation Pension Plan Assets Blossom's actuary provided the following information on December 31, 2023: Discount rate Current year service cost Prior service cost, granted Jan 1, 2023 Employer contributions for the year Benefits paid to retirees Actuarial Remeasurement Gain Actual return on assets $13,005,000 (a) 11,273,000 Ralsoce banuand1 2022 $681,000 249,000 952,000 353,000 79,000 5% 6% Prepare a pension worksheet for Blossom Corporation for 2023. Annual Defined Benefit Expense General Journal Entries Cash W
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