Current Attempt in Progress At January 1, 2020, Carla Vista Corporation had plan assets of $252,000 and a defined benefit obligation of the same amount based on projected costs. During 2020, the current service cost was $27,850, the discount rate on the DBO and plan assets was 10%, actual return on plan assets was $30,750, contributions by Carla Vista were $20,350, benefits paid were $17,500, and the cost of past service benefits granted effective December 31, 2020, was $29,000. Prepare a pension work sheet for Carla Vista Corporation for 2020 assuming that Carla Vista follows IFRS. Prepare a pension work sheet for Carla Vista Corporation for 2020 assuming that Carla Vista follows IFRS. CARLA VISTA CORPORATION Pension Worksheet-2020 General Journal Entries Remeasurement (Gain) Loss (OCI) Annual Pension Expense Item $ $ Balance, 1/1/20 Service cost Net interest/finance cost Remeasurement gain on plan assets Past service cost Contributions Benefits paid Expense entry $ $ Contribution entry Bal. 12/31/20 Current Attempt in Progress At January 1, 2020, Carla Vista Corporation had plan assets of $252,000 and a defined benefit obligation of the same amount based on projected costs. During 2020, the current service cost was $27,850, the discount rate on the DBO and plan assets was 10%, actual return on plan assets was $30,750, contributions by Carla Vista were $20,350, benefits paid were $17,500, and the cost of past service benefits granted effective December 31, 2020, was $29,000. Prepare a pension work sheet for Carla Vista Corporation for 2020 assuming that Carla Vista follows IFRS. Prepare a pension work sheet for Carla Vista Corporation for 2020 assuming that Carla Vista follows IFRS. CARLA VISTA CORPORATION Pension Worksheet-2020 General Journal Entries Remeasurement (Gain) Loss (OCI) Annual Pension Expense Item $ $ Balance, 1/1/20 Service cost Net interest/finance cost Remeasurement gain on plan assets Past service cost Contributions Benefits paid Expense entry $ $ Contribution entry Bal. 12/31/20