The Yuan Zang company has a defined benefit pension plan. At the end of the current reporting period December $31,20$X$1$ and December $31,20$X$2$ the following was available:

Other information and assumptions:

The discount rate and the expected rate of return are $10\%$

The actual rate of return in $20$X$1$ was $8\%$

The actual rate of return in $20$X$2$ was $12\%$

Required:

$5.$ Calculate the Pension Expense for the Yuan Zhang Corporation in $20$X$1$ under IFRS.

$6.$ Give the Employer's year end accounting entry to record the pension expense for the year December $31,20$X$1$ under IFRS.

$7.$ Calculate the Pension Expense for the Yuan Zhang Corporation in $20$X$2$ under IFRS.

$8.$ Give the Employer's year end accounting entry to record the pension expense for the year December $31,20$X$2$ IFRS.

$9.$ Compute $($calculate$)$ the Funded Status as at December $31,20$X$0$ and the Net Defined Benefit Asset Liability.

$10.$ Compute $($calculate$)$ the Funded Status as at December $31,20$X$1$ and the Net Defined Benefit Asset Liability.

$11.$ Compute $($calculate$)$ the Funded Status as at December $31,20$X$2$ and the Net Defined Benefit Asset Liability.

Please Use Format Provided Below to Answer Requirement Journal Entries:

Dr Cr Account