Question: 8. (10 points) Cricket Construction's pension expense includes a service cost of $10 million. Harrison began the year with a pension liability of $28 million

8. (10 points) Cricket Construction's pension expense includes a service cost

8. (10 points) Cricket Construction's pension expense includes a service cost of $10 million. Harrison began the year with a pension liability of $28 million (underfunded pension plan). Interest cost, $6; expected return on assets, $4; amortization of net loss, $2; amortization of prior service cost, $3 million. There's no information on actual return yet. Prepare the appropriate general journal entry to record Cricket's pension expense. Combine separate entries that you may choose to do into one joint entiy. Debit Account Credit Account Debit Amount Credit Amount

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