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prepare a pension worksheet for 2025-2026 with the following informatjon provided On January 1, 2025, Crane Company has the following defined benefit pension plan balances,
prepare a pension worksheet for 2025-2026 with the following informatjon provided
On January 1, 2025, Crane Company has the following defined benefit pension plan balances, The interest (settlement) rate applicable to the plan is 10%. On January 1,2026. the company amends its penston agreementso that prior service costs of $492,000 are created. Other data related to the pension plan are as follows. Prepare a pension worksheet for the pension plan for 2025 and 2026. (Inter all amounts as posithe) Service cost Interest cost Actual return Contributions Benefits Journal entry for 2025 Accumulated OCL, Dec 31,2024 Balance, Dec 31, 2025 Additionai PSC, 1/1/2026 Ealance Jan 1,2026 Service cost Interest cost Actual return Unexpected lous AMnortization of PSC Contributiona Eenetrts Jeurfal entry foe 2024 Accum,lated oci. Der 31. 202s Haiance Oeci.21. 2926 \begin{tabular}{|} aw \\ 4 \\ 4 \\ n \end{tabular} Prepare a pension worksheet for the pension plan for 2025 and 2026 , (Enter all amounts as positive Step by Step Solution
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