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Riverbed Corporation is a privately owned company that uses ASPE. On January 1, 2020 Riverbed's financial records indicated the following information related to the company's
Riverbed Corporation is a privately owned company that uses ASPE. On January 1, 2020 Riverbed's financial records indicated the following information related to the company's defined benefit pension plan: Defined Benefit Obligation Pension Plan Assets $1,360,000 1,530,000 Riverbed Corporation's actuary provided the following information on December 31, 2020: $83.000 196,000 87,000 Current year service cost Prior service cost, granted Jan 1, 2020 Employer contributions for the year Benefits paid to retirees Expected return on assets Actual return on assets 25,000 5% 69 Discount rate 596 Prepare a pension worksheet for Riverbed Corporation for 2020. General Joumal Entri Annual Pension Expense Cash falance, January 1, 2020 Current Service Cost >
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