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The accounting staff of Carla Inc. has prepared the following pension worksheet. Unfortunately, several entries in the worksheet are not decipherable. The company has asked
The accounting staff of Carla Inc. has prepared the following pension worksheet. Unfortunately, several entries in the worksheet are not decipherable. The company has asked your assistance in completing the worksheet and completing the accounting tasks related to the pension plan for 2017. Determine the missing amounts in the 2017 pension worksheet, indicating whether the amounts are debits or credits. (Enter all amounts as positive.) Pension Worksheet General Journal Entrie OCI-Prior Service Cost Annual Pension Expense Cash Balance, Jan. 1. 2017 Service cost Interest cost Actual return Unexpected gain 201 Amortization of PSC $74 Contributions $1.072 Benefits Liability increase Journal entry Accumulated OCI, Dec 31, 2016 1.474 Balance, Dec. 31, 2017 $1,400 The accounting staff of Carla Inc. has prepared the following pension worksheet. Unfortunately, several entries in the worksheet are not decipherable. The company has asked your assistance in completing the worksheet and completing the accounting tasks related to the pension plan for 2017. Determine the missing amounts in the 2017 pension worksheet, indicating whether the amounts are debits or credits. (Enter all amounts as positive.) prksheet-Carla Inc. rnal Entries -Prior e Cost OCI-Gain/ Loss Pension Asset/ Liability Memo Record Projected Benefit Plan Obligation Assets $1,474 Cr. $3,752 $2,278 670 375 295 295 $74 1,072 268 268 489 1,474 $1,400 $288 $1,641 $5.018 3.377 Prepare the journal entry to record 2017 pension expense for Carla Inc. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit
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