please answer all and all journal entries
Journal entry worksheet 4 Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Calculate the pension expense for 2024 . Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet 2 3 Journal entry worksheet 2 Record the prior service cost. Note: Enter debits before credits. Journal entry worksheet (1) 234 wote: Enter dedics derore creaits. 1. Calculate the pension expense for 2024 . 2. Prepare the journal entries to record (a) pension expense, (b) gains or losses, (c) prior service cost, (d) funding, and (c) payment of benefits for 2024. 3. What amount wal Electronic Distribution report in its 2024 balance sheet as a net pension asset or net pension liability? Complete this question by entering your answers in the tabs below. What amount will Electronic Oistribution report in its 2024 balance sheet as a net pension asset or net pension liability? Note: Enter your answer in miltions (1.e-, 10,000,000 should be entered as 10). Journal entry worksheet 4 Record gain or loss on PBO. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record (a) pension expense, (b) gains or losses, (c) prior service cost, (d) funding, and (e) payment of benefits for 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (1.e., 10,000,000 should be entered as 10). Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during 2024 are as follows: The expected long-term rate of return on plan assets was 8%. There were no AOCl balances related to pensions on January 1,2024. but at the end of 2024 , the company amended the pension formula, creating a prior service cost of $18 million. Required: 1. Calculate the pension expense for 2024 . 2. Prepare the journal entries to record (a) pension expense, (b) gains of losses, (c) prior service cost, (d) funding, and (e) payment of benefits for 2024 3. What amount will Electronic Distribution report in its 2024 balance sheet as a net pension asset or net pension liability? Complete this question by entering your answers in the tabs below. Calculate the pension expense for 2024 Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e, 10,000,000 should be entered as 10 )