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Current Attempt in Progress At January 1, 2025, Pharoah Company had plan assets of $281,700 and a projected benefit obligation of the same amount. During
Current Attempt in Progress At January 1, 2025, Pharoah Company had plan assets of $281,700 and a projected benefit obligation of the same amount. During 2025, service cost was $28,500, the settlement rate was 10%, actual and expected return on plan assets were $25,200, contributions were $20,400, and benefits paid were $18,400. Prepare a pension worksheet for Pharoah for 2025. (Enter all amounts as positive.) Items Balance 1/1/25 Service cost Interest cost Actual return tA $ Pension Expense $ General Journal Entries Cash PHAROAH COMP LA Ass E
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