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k Practice Gradebook ORION Downloadable e Textbook ssignment FULL SOREEN RINTER VERSIOBAC CES Exercise 19-8 Blossom Limited sponsors a defined benerR pension plan, and follows
k Practice Gradebook ORION Downloadable e Textbook ssignment FULL SOREEN RINTER VERSIOBAC CES Exercise 19-8 Blossom Limited sponsors a defined benerR pension plan, and follows ASPE. The corporation's actuary provides the fallowing information about the plan (in thousands of dellars): January 1, 2017 December 31, 2017 $1,450 2.942 2,080 10% Vested benert obligation Defined benefit obligation, accounting basis Plan assets (fair value) Enterest/discount rate Net defined benefit liabilitv/asset Past service cost, plan amendment, effective December 30, 2017 Service cost for the year 2017 Contributions (funding) 2017 Benefits paid in 2017 $1,200 2,220 1,300 10% 340 Prepare a 2017 pension work sheet. (Enter answers in thousands of dollars.) Blossom Limited Pension Work Sheet - 2017 (ASPE General Journal Entries Memo Record Entries Annual Pension Expense Net Defined Benefit Liability/ Defined Benefit Obligation Plan Assets Cash Balance, Jen. 1, 2017 (a) Senvice cost
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