Question: On January 1 , 2 0 2 5 , Tomkins Company had the following balances: Other data related to the pension plan for 2 0

On January 1,2025, Tomkins Company had the following balances: Other data related to the pension plan for 2025: Expected rate of return 6\% Average service life of employees 10 yrs Required: (a) Determine the projected benefit obligation at December 31,2025.(b) Determine the fair value of plan assets at December 31,2025.(c) Calculate pension expense for 2025.(d) Prepare the journal entry to record pension expense and the contributions for 2025.
On January 1 , 2 0 2 5 , Tomkins Company had the

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