Question
Complete the exercise at home and turn in next class period for a grade Please show how you get your answers. Unsupported answers will be
Complete the exercise at home and turn in next class period for a grade
Please show how you get your answers. Unsupported answers will be marked wrong.
10. The PBO at 12/31/x5 is $_______________
11. The fund balance at 12/31/x5 is $_______________
12. The funded status at 12/31/x5 is $_______________
.
13. The Accumulated OCI- PSC balance on the books is $_______________
(Indicate where it is and whether the balance is a debit or credit)
Show the T account
14. The Pension asset/liability balance on the books is $_______________
(Indicate where it is and whether the balance is a debit or credit)
Show the T account
4. What amount (s) will appear on the balance sheet?
Assets
|
| Liabilities |
|
Deferred Tax Asset
|
| Pension Liability |
|
|
| Owners Equity
|
|
|
| Accumulated Other Comprehensive Income |
|
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