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Crane Company provides the following information about its defined benefit pension plan for the year 2025. Service cost Contribution to the plan $90,500 103,300
Crane Company provides the following information about its defined benefit pension plan for the year 2025. Service cost Contribution to the plan $90,500 103,300 Prior service cost amortization 10,300 Actual and expected return on plan assets 62,800 Benefits paid 39,700 Plan assets at January 1, 2025 642,100 Projected benefit obligation at January 1, 2025 712,900 Accumulated OCI (PSC) at January 1, 2025 148,800 Interest/discount (settlement) rate 9% Prepare a pension worksheet inserting January 1, 2025, balances, showing December 31, 2025. (Enter all amounts as positive.) > Annual Items Pension Expense $ $ Balance, January 1, 2025 Service cost Interest cost Actual return Amortization of PSC Contributions > > Cash > General Jouri > > Prepare a pension worksheet inserting January 1, 2025, balances, showing December 31, 20 CRANE COMPANY Pension Worksheet-2025 urnal Entries $ OCI-Prior Service Cost +A Pension Asset/ Liability > > > > > > > > > January 1, 2025, balances, showing December 31, 2025. (Enter all amounts as positive.) +A $ Projected Benefit Memo Record Obligation > $ Plan Assets > > > > > > > Contributions Benefits Journal entry for 2025 Accumulated OCI, Dec. 31, 2024 Balance, Dec. 31, 2025 $ $ > > > > +A SA > A > A
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