Question: Moving to another question will save the response Question 4 7 The City of Richmond maintains a Public Employee Retirement Trust Fund for its public
Moving to another question will save the response Question 4 7 The City of Richmond maintains a Public Employee Retirement Trust Fund for its public safety employees. During the year and 30, 2000, the wings + The city contributed $ 1.400.000 in cash to the plan Employee members contributed an additional 1 400,000 2. Annuity benefits in the amount of $260.000 were recorded as aties 3. Annuly benefits previously recorded as labies, were paid in cash in the amount of $195,000 4 Investment income received in cash amounted to $117.000. In addition, $18.000 interest receive was cred year-end 5. Additional investments in the amount of $2.100,000 were purchased The market value of investments decreased by $10.465 ered: are journal entries for the above transactions on the books of the City of Richmond Public Safety Employee Retirement Trust Fund toolbar, press ALT F10 (PC) or ALTFN.F10 (Mac)
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