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The accountant for Oriole Corporation has developed the following information for the company's defined-benefit pension plan for 2021: $ 470,000 238.000 908,000 Service cost Actual
The accountant for Oriole Corporation has developed the following information for the company's defined-benefit pension plan for 2021: $ 470,000 238.000 908,000 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 123,800 54,000 10% 8% The accumulated benefit obligation at December 31, 2021, amounted to $ 3.190,000. Using the above information for Oriole Corporation, complete the pension worksheet for 2021. (Do not leave any answer field blank. Enter for amounts.) Annual Pension Expense Cash Balance, Dec. 31, 2020 Service cost V Interest cost Actual return Unexpected gain/loss Amortization of PSC V Contributions Benefits V Using the above information for Oriole Corporation, complete the pension work sheet for 2021. (Do not leave any answer field blank. Enter for amounts.) Memo Entries Pension Asset/ Liability Projected Benefit Obligation Plan Assets 3,940,000 2,720,000 Using the above information for Oriole Corporation, complete the pension work sheet for 2021. (Do not leave any answer field blank. Enter for amounts.) Memo Entries Pension Asset/ Liability Projected Benefit Obligation Plan Assets 3,940,000 2,720,000
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