At January 1, 2025, Blossom Company had plan assets of $267,400 and a projected benefit obligation...

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At January 1, 2025, Blossom Company had plan assets of $267,400 and a projected benefit obligation of the same amount. During 2025, service cost was $26,800, the settlement rate was 10%, actual and expected return on plan assets were $24,400, contributions were $19,500, and benefits paid were $17,200. Prepare a pension worksheet for Blossom for 2025. (Enter all amounts as positive.) Items Balance 1/1/25 Service cost Pension Expense 26800 Dr. 26740 Dr. Interest cost 24400 Cr Actual return Contributions Benefits Journal entry Balance, 12/31/25 Cash 19500 Cr. 29140 Dr. 19500 +A S Pension Asset/Liability 9640 < SA Benefit Obligation 267400 Cr. 26800 Cr. 26740 Cr. 17100 Dr. 303840 Cr. < At January 1, 2025, Blossom Company had plan assets of $267,400 and a projected benefit obligation of the same amount. During 2025, service cost was $26,800, the settlement rate was 10%, actual and expected return on plan assets were $24,400, contributions were $19,500, and benefits paid were $17,200. Prepare a pension worksheet for Blossom for 2025. (Enter all amounts as positive.) Items Balance 1/1/25 Service cost Pension Expense 26800 Dr. 26740 Dr. Interest cost 24400 Cr Actual return Contributions Benefits Journal entry Balance, 12/31/25 Cash 19500 Cr. 29140 Dr. 19500 +A S Pension Asset/Liability 9640 < SA Benefit Obligation 267400 Cr. 26800 Cr. 26740 Cr. 17100 Dr. 303840 Cr. <