Question: Answer is not complete. Complete this question by entering your answers in the tabs below. Beale Management has a noncontributory, defined benefit pension plan. On

Answer is not complete. Complete this question by entering your answers in the tabs below. Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2024 (the end of Beale's fiscal year). the following pension-related data were available: Prepare the journal entries required for the pension during 2024 Note: If no entry is required for a transaction/event, select "No jour answers in millions. (i.e., 10,000,000 should be entered as 10). Required: 1. to 3. Prepare the journal entries required for the pension during 2024. 4. Determine the balances at December 31, 2024, in the net gain-AOCI, and prior service cost-AOCl. [Hint: You might find T-accounts useful.] 5. What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension liability for the funded status of the plan? Answer is not complete. Complete this question by entering your answers in the tabs below. Answer is not complete. Complete this question by entering your answers in the tabs below. Determine the balances at December 31, 2024, in the net gain-AOCI, and prior service cost-AOCI. [Hint: You might find Taccounts useful.] Note: Enter your answers in millions. (1.e, 10,000,000 should be entered as 10), What amount will Beale report in its 2024 balance sheet as a net pension asset or net pension liability for the funded status of the plan? Note: Enter your answers in millions. (i.e., 10,000,000 should be entered as 10)
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