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The accountant for Carla Vista Corporation has developed the following information for the company's defined benefit pension plan for 2021 Service cost Actual return on
The accountant for Carla Vista Corporation has developed the following information for the company's defined benefit pension plan for 2021 Service cost Actual return on plan assets Annual contribution to the plan Amortization of prior service cost Benefits paid to retirees Settlement rate Expected rate of return on plan assets $490,000 246,000 916,000 124,600 58,000 10% The accumulated benefit obligation at December 31, 2021, amounted to $3,230,000 . inton corper not leave any wereldMonk Enter for amounts) Corporation Pension Work Sheet-2021 General Journal Entries OCI-Prior OC-Gain/ Service Cost Los Balance, Dec 31, 2020 Service cont Interest cost Actual return Unexpected gainos Amortization of PSC Contributions Benefits Gain/loss Amortization Journal entry for 2021 Accumulated OCI, 12/31/20 Balance, Dec.31.2021 Corporation Pension Work Sheet-2021 General Journal Entries OCI-Prior OCI - Gain/ Service Cost Loss Memo Entries Pension Asset Assets Projected Benefit Obligation 3.980,000 2,740,000 : 2021. (Credit account titles are automatically indented when amount is Prepare the journal entry to reflect the accounting for the company's pension entered. Do not indent manually) Titles and Explanation Account The
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