N 3 Marked out of 25.00? Incomplete an Flag question Employer journal entry for Defined Benefit Pension The city of Stewart has a single-employer defined benefit pension plan to provide retiree pensic to its Electric Utility Enterprise Fund employees. The plan is administered in a trust that meets t requirements. Assume that the actuary for the city of Stewart's Electric Utility Enterprise Fund n its net pension liability on December 31, 2019, which is its fiscal year-end. The actuary provides following additional information in its reporting package to the city of Stewart accounting depa its use in preparing the Electric Utility Enterprise Fund's December 31, 2019 financial statement Fiscal Year Ending Fiscal Year Ending Actuarial Provided Account Information December 31, 2018 December 31, 2019 $6,200,000 90,000 180,000 350,000 $6.100,000 180,000 210,000 400.000 Net pension liability Deferred inflow of resources-investment gain Deferred inflow of resources-demographic factors Deferred outflow of resources-economic factors The city of Stewart contributed $1,600,000 cash to the pension plan during the fiscal year endi December 31, 2019. Prepare the journal entry to record the pension related activity, including pension expense, for the city of Stewarts Electric Utility Enterprise Fund for its 2019 fiscal year E Menu The city of Stewart contributed $1,600.000 cash to the pension plan during the fiscal year ending December 31, 2019. Prepare the journal entry to record the pension related activity, including the pension expense, for the city of Stewarts Electric Utility Enterprise Fund for its 2019 fiscal year. Debit Credit Description 0 0 Deferred inflow of resources-investment gain Deferred inflow of resources-demographic factors Deferred outflow or resources -economic factors r all parts of the question. Next page Answers Previous page