{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-14T00:03:03-04:00", "answer_date": "2024-09-14 00:03:03", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10719147", "url": "\/study-help\/questions\/the-following-information-is-related-to-the-pension-plan-of-10719147", "question_creation_date_js": "2024-09-14T00:03:03-04:00", "question_creation_date": "Sep 14, 2024 12:03 AM", "meta_title": "[Solved] The following information is related to t | SolutionInn", "meta_description": "Answer of - The following information is related to the pension plan of a company for 2021. Contributions to the plan $230,000 Act | SolutionInn", "meta_keywords": "information,related,pension,plan,company,2021,contributions,$230,000,actual,return,assets,216,000", "question_title_h1": "The following information is related to the pension plan of a company for 2021. Contributions to the plan $230,000 Actual return on plan assets 216,000", "question_title": "The following information is related to the pension plan of a company", "question_title_for_js_snippet": "The following information is related to the pension plan of a company for 2021 Contributions to the plan $230,000 Actual return on plan assets 216,000 Amortization of OCI net gain 80,000 Amortization of OCI prior service cost 167,000 Expected return on plan assets 255,000 Interest on projected benefit obligation 387,000 Service cost 861,000 Pension expense for 2021 is ", "question_description": "

The following information is related to the pension plan of a company for 2021.<\/p>

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Contributions to the plan $230,000<\/p>

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Actual return on plan assets 216,000<\/p>

<\/p>

Amortization of OCI-net gain 80,000<\/p>

<\/p>

Amortization of OCI-prior service cost 167,000<\/p>

<\/p>

Expected return on plan assets 255,000<\/p>

<\/p>

Interest on projected benefit obligation 387,000<\/p>

<\/p>

Service cost 861,000<\/p>

<\/p>

<\/p>

Pension expense for 2021 is: <\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "9780618777174, 618777180, 618777172, 978-0618777181", "edition": "8th Edition", "authors": "Susan V. Crosson, Belverd E. Needles", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/240.jpg", "uri": "\/textbooks\/managerial-accounting-8th-edition-240", "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:03:03", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/industrial-organizational-psychology-understanding-the-workplace\/1-which-of-the-following-tasks-would-be-most-difficult-2007355", "description": "1. Which of the following tasks would be most difficult for an adult with anterograde amnesia? a. Learning to jump rope b. Learning to play a new video game c. Recalling their fifth birthday party d....", "stars": 0 }, { "url": "\/wempe-co-sold-3000000-8-10year-bonds-on-january-1", "description": "Wempe Co. sold $3,000,000, 8%, 10-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight-line amortization on bond premiums and...", "stars": 3 }, { "url": "\/study-help\/questions\/the-following-information-is-related-to-the-pension-plan-of-10719147", "description": "The following information is related to the pension plan of a company for 2021. Contributions to the plan $230,000 Actual return on plan assets 216,000 Amortization of OCI-net gain 80,000...", "stars": 3 }, { "url": "\/study-help\/questions\/rates-of-return-year-ra-computer-market-index-1-13-10406015", "description": "Rates of Return Year RA Computer Market Index 1 13 17 2 9 15 3 -11 6 4 10 8 5 11 10 6 6 12 Refer to Exhibit 7.1. If you expected the return on the Market Index to be 12%, what would you expect the...", "stars": 3 }, { "url": "\/study-help\/questions\/5s-is-one-of-the-most-widely-adopted-techniques-from-1000141", "description": "5S is one of the most widely adopted techniques from the lean manufacturing toolbox. Based on the \"house of lean\", it's provide an overview of the tools and methods of lean management that can be...", "stars": 3 }, { "url": "\/study-help\/questions\/as-a-manufacturing-company-company-kappa-sells-their-sachets-of-1000037", "description": "As a manufacturing company, Company Kappa sells their sachets of powdered juices to retailers, supermarkets and distributors instead of direct customers. Having said this, they usually deliver...", "stars": 3 }, { "url": "\/study-help\/questions\/what-process-improvements-can-heroenergy-adopt-to-improve-standardised-data-1000006", "description": "What process improvements can HeroEnergy adopt to improve standardised data, financial reporting and employee engagement? A newly established government agency focusing on renewable energy has just...", "stars": 3 }, { "url": "\/study-help\/questions\/the-tempertone-steel-company-produces-two-major-products-a-stainless-1001454", "description": "The Temper-Tone Steel Company produces two major products, a stainless steel sheet called Flextin and stainless steel silverware. Both products go through the same initial production process where...", "stars": 3 }, { "url": "\/study-help\/questions\/vaughn-co-purchased-617-ivanhoe-company-bonds-for-61000-cash-1001413", "description": "Vaughn Co. purchased 61,7% Ivanhoe Company bonds for $61000 cash. Interest is payable annually on January 1. If 28 of the securities are sold on January 1 for $32700, the entry would include a credit...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/what-would-the-general-journal-entries-and-statement-of-stockholders-10719146", "next": "\/study-help\/questions\/find-the-region-of-absolute-statibility-for-heuns-method-10719148" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "The following information is related to the pension plan of a company", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/the-following-information-is-related-to-the-pension-plan-of-10719147" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }