Refer to the information in E1921 about Berstler Limiteds defined benefit pension plan. In E Berstler Limited
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In E Berstler Limited sponsors a defined benefit pension plan, which it accounts for using the deferral and amortization approach under PE GAAP. The corporation€™s actuary provides the following information about the plan:
Instructions
(a) Prepare a 2011 pension work sheet with supplementary schedules of calculations.
(b) Prepare the journal entries at December 31, 2011, to record pension expense and the funding contributions.
(c) Prepare a schedule reconciling the plan€™s funded status with the pension amounts reported on the balance sheet.
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Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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