For occounting purposes

Interest rate used for pension omounts, $5\%.$

Past service cost, granted as of $1$ January $205,$$$350,000.$ This is also the defined benefit obligation on $1$ January.

Current service cost for $205,$ sppropristely messured for occounting purposes, $$82,000.$

For funding purposes

Funding was $$107,000$ in $205$ for all pension amounts. The payment was made on $31$ December.

Actual earnings on fund ossets, zero.

Required:

Prepare a pension spreadsheet that summsrizes relevant pension dato for $205.$

Answer is complete and correct.

Prepare o pension spresdsheet that summarizes relevant pension dato for $206.$ The following focts relate to $206$ :

Current service cost for accounting wos $$126,000.$

A plan amendment on $1$ Janusry resulted in a post service cost of $$55,000$ being granted.

Total funding of the pension plan wos $$133,000,$ on $31$ December $206.$

Actual return on fund assets was $$10,400.$

An actuorial revaluation was done to reflect new informstion sbout expected turnover rates in the employee population. This

resulted in $$$0,000$ incresse in the defined benefit obligation, ss of $31$ December $206.$

Answer is not complete.