Question: Exercise 1 7 - 1 5 ( Algo ) Pension spreadsheet [ LO 1 7 - 8 ] A partially completed pension spreadsheet showing the
Exercise Algo Pension spreadsheet LO
A partially completed pension spreadsheet showing the relationships among the elements that comprise the defined benefit pensio plan of Universal Products is given below. The actuary's discount rate is At the end of the pension formula was amended, creating a prior service cost of $ The expected rate of return on assets was and the average remaining service life of th active employee group is years in the current year, as well as the previous two years.
Required:
Fill in the missing amounts.
Note: Enter your answers in thousands ie should be entered as Enter credit amounts with a minus sign.
table$ in thousandsPBO,Plan Assets,tablePrior ServiceCostAOClNet Loss AOCl,Pension Expense,Cash,Net Pension Liability Asset
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