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Swifty Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2016, with the following beginning balances: plan assets203,900; projected benefit obligation relating to 3 years operation of the plan are as follows. 255,000. Other data 2016 2017 2018 $15,700 $19,200 $26,400 Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan a Amortization of prior service cost Change in actuarial assumptions establishes 10% 10 % 10% 17,800 22,34024,300 39,900 16,500 157,500 54,800 15,700 14,000 48,500 21,000 mended, 1/1/17) 41,200 a December 31, 2018, projected benefit obligation of: 514,100 Your answer is partially correct. Try again Prepare a pension worksheet presenting all 3 years' pension balances and activities. (Enter all amounts as positive.) es are automatically indented wh Prepare the jaumal entries fram the worksheet to reflect all pensiDn pan transactions and events at December 31 Df each year. (Credit account titl required, select "No Entry" for the account titles and enter O for the amounts.) en mountis entered. Do not indent manually. If no entry is Date Account Titles and Explanation Debit Credit Dec. 31, 2016 Dec. 31, 2017 Dec. 31, 2018 Indicate the pension-related amounts reported in the financial statements for 2018. (Enter negative amounts using either a negative sign preceding the number e.g. -15,200 or parentheses e.g. (15,200).) Swifty Company Partial Income Statement Swifty Company Comprehensive Income Statement $xxxX Swifty Company Partial Balance Sheet Swifty Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2016, with the following beginning balances: plan assets203,900; projected benefit obligation relating to 3 years operation of the plan are as follows. 255,000. Other data 2016 2017 2018 $15,700 $19,200 $26,400 Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan a Amortization of prior service cost Change in actuarial assumptions establishes 10% 10 % 10% 17,800 22,34024,300 39,900 16,500 157,500 54,800 15,700 14,000 48,500 21,000 mended, 1/1/17) 41,200 a December 31, 2018, projected benefit obligation of: 514,100 Your answer is partially correct. Try again Prepare a pension worksheet presenting all 3 years' pension balances and activities. (Enter all amounts as positive.) es are automatically indented wh Prepare the jaumal entries fram the worksheet to reflect all pensiDn pan transactions and events at December 31 Df each year. (Credit account titl required, select "No Entry" for the account titles and enter O for the amounts.) en mountis entered. Do not indent manually. If no entry is Date Account Titles and Explanation Debit Credit Dec. 31, 2016 Dec. 31, 2017 Dec. 31, 2018 Indicate the pension-related amounts reported in the financial statements for 2018. (Enter negative amounts using either a negative sign preceding the number e.g. -15,200 or parentheses e.g. (15,200).) Swifty Company Partial Income Statement Swifty Company Comprehensive Income Statement $xxxX Swifty Company Partial Balance Sheet
