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Current Attempt in Progress At January 1, 2025, Sunland Company had plan assets of $291,600 and a projected benefit obligation of the same amount. During
Current Attempt in Progress At January 1, 2025, Sunland Company had plan assets of $291,600 and a projected benefit obligation of the same amount. During 2025, service cost was $26,400, the settlement rate was 10%, actual and expected return on plan assets were $25,300, contributions were $19,900, and benefits paid were $16,900. Prepare a pension worksheet for Sunland for 2025. (Enter all amounts as positive.) Items Balance 1/1/25 Service cost Interest cost Actual return Contributions Benefits $ Pension Expense AP 4
At January 1,2025, Sunland Company had plan assets of $291,600 and a projected benefit obligation of the same amount. During 2025 , service cost was $26,400, the settlement rate was 10%, actual and expected return on plan assets were $25,300, contributions were $19,900, and benefits paid were $16,900. Prepare a pension worksheet for Sunland for 2025. (Enter all amounts as positive.) At January 1,2025, Sunland Company had plan assets of $291,600 and a projected benefit obligation of the same amount. During 2025 , service cost was $26,400, the settlement rate was 10%, actual and expected return on plan assets were $25,300, contributions were $19,900, and benefits paid were $16,900. Prepare a pension worksheet for Sunland for 2025. (Enter all amounts as positive.)Step by Step Solution
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