Question: B Pension data for Barry Financial Services Inc. include the following: ($ in 0008) $ 380 ok Discount rate, 68 Expected return on plan assets,

 B Pension data for Barry Financial Services Inc. include the following:
($ in 0008) $ 380 ok Discount rate, 68 Expected return on
plan assets, 88 Actual return on plan assets, 79 Service cost, 2018

B Pension data for Barry Financial Services Inc. include the following: ($ in 0008) $ 380 ok Discount rate, 68 Expected return on plan assets, 88 Actual return on plan assets, 79 Service cost, 2018 January 1, 2018: Projected benefit obligation Accumulated benefit obligation Plan asseto (fair value) Prior service cost-AOCI (2018 amortization, $30) Net gain-AOCI (2018 amortization, $8) There were no changes in actuarial assumptions. December 31, 2018: Cash contributions to pension fund, December 31, 2018 Benefit payments to retirees, December 31, 2018 2,650 2,350 2,750 360 400 nces 315 340 Complete this question by entering your answers in the tabs belo Required 1 Required 2 Determine pension expense for 2018. (Amounts to be deducted should be thousands rounded to 1 decimal place (i.e., 5,500 should be entered as 5. Pension Expense es Pension expense Required 1 Require Prepare the journal entries to record pension expense, gains and losses (if any), fu required for a transaction/event, select "No journal entry required" in the first acco 1 decimal place (i.e., 5,500 should be entered as 5.5).) View transaction list RE X 1 Record the pension expense. 2 Record the gain or loss on assets. 3 Record the funding. 4 Record the retiree benefits. Credit Note : journal entry has been entered Record entry Clear entry View general jc

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