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The accounting staff of Elias Inc. has prepared the following pension worksheet unfortunately several entries in the worksheet are not readable. a. compute the missing

The accounting staff of Elias Inc. has prepared the following pension worksheet unfortunately several entries in the worksheet are not readable. a. compute the missing amounts for 2017 pension worksheet. Unfortunately, several entries in the worksheet are not readable. The company has asked your assistance in completing the worksheet and completing the accounting tasks related to the pension plan for 2017.

Memo Record General Journal Entries OCI- Plan OCI- Pension Pension PBO Cash Assets PSC G/L Asset/Liab. Expense 2,500 (4,200) (600) (1,700) Balance, 1/1/2017 Service cost (1) (420) Interest cost (2) 480 (3) (4) Actual return Unexpected gain (225) Amortization of PSC (5) (85) Amortization of G/L (6) (6) Contributions (1,200) (7) (8) (300) Benefits paid Liability increase Journal entry Accum. OCI, 12/31/2016 (9) (9) (14) (12) 1,700 (10) (11) (13) 0. 15) (16) (17) (5,465) (18) Balance, 12/31/2017 Instructions (a) Determine the missing amounts in the 2017 pension worksheet, indicating whether the amounts are debits or credits. (b) Prepare the journal entry to record 2017 pension expense for Elias Inc.

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