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Exercise 113 Selected information about the pension plan of Roman Co. is as follows 12/31/17 12/31/18 Accumulated benefit obligation $4,840,000 $5,070,000 Projected benefit obligation 5,090,000

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Exercise 113 Selected information about the pension plan of Roman Co. is as follows 12/31/17 12/31/18 Accumulated benefit obligation $4,840,000 $5,070,000 Projected benefit obligation 5,090,000 5,290,000 Accumulated OCI (PSC) 2,024,000 1,640,000 Fair value of plan assets 4,820,000 5,090,000 Pension expense 1,140,000 1,840,000 Contribution 1,125,000 1,420,000 Discount rate (for year) 9% 8% What is the corridor for 2018? Corridor for 2018 Calculate the pension asset/liability at December 31, 2018. Pension Prepare the entry for 2018 to record the pension expense and contribution. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work Exercise 113 Selected information about the pension plan of Roman Co. is as follows 12/31/17 12/31/18 Accumulated benefit obligation $4,840,000 $5,070,000 Projected benefit obligation 5,090,000 5,290,000 Accumulated OCI (PSC) 2,024,000 1,640,000 Fair value of plan assets 4,820,000 5,090,000 Pension expense 1,140,000 1,840,000 Contribution 1,125,000 1,420,000 Discount rate (for year) 9% 8% What is the corridor for 2018? Corridor for 2018 Calculate the pension asset/liability at December 31, 2018. Pension Prepare the entry for 2018 to record the pension expense and contribution. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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