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Please do in excel The City of Richmond maintains a Public Employee Retirement Trust Fund for its public safety employees during the year ended June

image text in transcribedPlease do in excel

The City of Richmond maintains a Public Employee Retirement Trust Fund for its public safety employees during the year ended June 30. 2015. the following transactions occurred The City contributed $ 1, 200.000 in cash to the plan Employee members contributed an additional $ 1, 200.000 Annuity benefits in the amount of $255,000 were recorded as liabilities Annuity benefits, previously recorded as liabilities, were paid in cash in the amount of $207,000 Investment income received in cash amounted to $102,000 In addition. $16,000 m interest receivable was accrued at year-end. Additional investments in the amount of $2, 100,000 were purchased The market value of investments decreased by $9, 100 Nominal accounts for the year were closed Required Prepare journal entries for the above transactions on the hooks of the City of Richmond Public Safety Employee Retirement Trust Fund

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