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PRINT VERSION NEET Larkspur Company provides the following information about its defined benefit person plan for the year 2020 Service cost 591,000 Contribution to the
PRINT VERSION NEET Larkspur Company provides the following information about its defined benefit person plan for the year 2020 Service cost 591,000 Contribution to the plan 104,000 Prior service cost amortization 9.400 Actual and expected retum on plan assets 62.900 Benefits paid 39,900 Plan assets at January 1, 2020 630,400 Projected benefit obligation at January 1, 2020 701,800 Accumulated OCI (PSC) at January 1, 2020 153,000 Interest/discount settlement) rate 10% Pension Asset/ Liability Projected Bes Obligatio Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020 (Enter all amounts as positive) LARKSPUR COMPANY Pension Worksheet-2020. General Journal Entries Annual Items Pension Expense Cash Prior Service Cost Balance, January 1, 2020 Service cost nterest cost cual retum Amortization of PSC Contributions y V V Version 1 20, balances, showing December 31, 2020. (Enter all amounts as positive) LARKSPUR COMPANY Pension Worksheet-2020. General Journal Entries sual OCI Expense Cash Prior Service Cost Pension Asset/ Liability Memo Record Projected Benet Obligation Plan Assets >> V v v C C v Prepare the journal entry recording pension expense. (Credit account titles are automatically indented when amount for the amounts.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work
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