Intermediate Accounting II -- Pensions Directions: Complete on a Pension Worksheet/ or excel spreadsheet Also, write the journal entry Beginning of the year Balance Plan Assets 450,000 (DR) PBO 600,000 (CR) Pension Asset/ Liab 150,000 (CR) PSC 75,000 (DR) OCI Loss 55,000 (DR) During the Year SC 75,000 Actual Retirement 45,000 Amort PSC 20,000 Contributions 115,000 Benefits 70,000 Settlement Rate 7% Exp ROI 8% Directions: Complete on a Pension Worksheet/ or excel spreadsheet Also, write the journal entry