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please type the answer Prepare Pension Worksheet & Journal Entries for YE's2xx1 2xx2 2xx3 ClassCo Inc. for year 2xx1 2xx2 2xx3 2xx4 Beginning projected benefit
please type the answer Prepare Pension Worksheet & Journal Entries for YE's2xx1 2xx2 2xx3 | |||||||
ClassCo Inc. | for year | 2xx1 | 2xx2 | 2xx3 | 2xx4 | ||
Beginning projected benefit obligation [PBO] | 3,63,000 | ||||||
Beginning plan assets | 3,14,000 | 3,42,000 | 3,60,000 | 3,85,000 | |||
Service cost | 22,000 | 23,000 | 26,000 | ||||
Settlement rate = expected rate of return | 5.8% | 5.8% | 5.8% | ||||
benefits paid | 29,000 | 29,000 | 29,000 | ||||
Contribution [Funding] | 34,000 | 36,000 | 40,000 | ||||
actual return - compute | |||||||
prior service costs-in 2xx1 amendment generated PSC, use S/L-8 yrs | 48,000 | ||||||
Amortization of PSC | |||||||
Change in assumptions: NEW YE PBO | 4,20,000 | ||||||
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