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this is all the info given [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the

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[The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2024: ( $ in millions) Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025: ( $ in millions) 1-a. Determine Lakeside's pension expense for 2024. 1-b. Prepare the appropriate journal entries to record the expense as well as the cash contribution to plan assets and payment benefits to retirees. Complete this question by entering your answers in the tabs below. Determine Lakeside's pension expense for 2024. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet Note: Enter debits before credits. 2. Determine the new gains and/or losses in 2024 and prepare the appropriate journal entry(s) to record them. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet Note: Enter debits before credits. 3. Prepare a pension spreadsheet to assist you in determining end of 2024 balances in the PBO, plan assets, prior service cost-AOCl, the net loss-AOCI, and the pension liability. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Enter credit amounts with a minus sign and debit amounts with a positive sign. 4-a. Determine Lakeside's pension expense for 2025 . 4-b. Prepare the appropriate journal entries to record the expense, the cash funding of plan assets, and payment of benefits to retiress. Complete this question by entering your answers in the tabs below. Determine Lakeside's pension expense for 2025. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Journal entry worksheet 3 Note: Enter debits before credits. 5. Determine the new gains and/or losses in 2025 , and prepare the appropriate journal entry(s) to record them. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ). Journal entry worksheet ivule: crlter uevils velure dieuls. 6. Using T-accounts, determine the balances at December 31, 2025, in the net loss-AOCl and prior service cost-AOCl. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). 7. Prepare a pension spreadsheet to assist you in determining end of 2025 balances in the PBO, plan assets, prior service cost-AOCl, the net loss- AOCl, and the pension liability. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Enter credit amounts with a minus sign and debit amounts with a positive sign

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