Question: please help ! Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts Industries





Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts Industries during 2021 15 po Prior service coat at Jan. 1, 2021, trom pian seadnent at the beginning of 2018 fortition 52 milile per year Net loss-AC at Jan. 1. 2021 (previous lo exceeded previous gains Average remaining service life of the active employee group Actuary discount rate $ 14 million $150 million 10 years 3700 DO Beginning of 2021 service con 56 plan Aasta Beginning of 2021 52 Return on planets. 1 (101 expected) 63 10 | Ca nh t be (31) Los Retirer benefits 594 ind of 2021 92 Interest oost. 70 1.03(gain on PRO Last Retiree benefits End of 2021 Print Required: 1-0. Determine Douglas Roberts's pension expense for 2021 1-b. 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below. HOIA Hec 18 and 2 Determine Douglas Roberts's pension expense for 2021. (Amounts to be deducted should be indicated with a minusson Enter your answers in milions (10,000,000 should be entered as 10).) Pension Experts Sonic $ 52 Interests 5 03 Expected retum on the sot (70) Amortization of prior service cost 5 Amortation of neto 4 Pansion 5 40 HA Re4 18 and 2 to 4 Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts industries during 2021 15 points Prior service cont at Jan. 1. 2031. from plan amendment at the beginning of 2018 amortisation $2 million per year) Net los-act at Jan. 1. 2021 (previoun losses exceeded previous gaine) Average remaining service life of the active employee group Actuary's discount rate $ 14 million 5150 milion 10 years 73 eBook 15 in million) ho Beginning of 2021 Service cont $700 Hart Interest cost. 71 Loss (gain) on PBO Les Retiree benefits od of 2021 Mate $900 Beginning of 2021 52 Meturn on plan assets. 101 expected) 63 (10) Canh Contributor 21 Le Retire benefits End of 2021 97 (31) $822 1974 Deferences Required: 1-a. Determine Douglas Roberts's pension expense for 2021 1-6, 2. to 4. Prepare the appropriate Journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Complete this question by entering your answers in the tabs below. Red IA Reg 18 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions (L., 10,000,000 should be entered as 10).) View transaction lit Journal entry worksheet 2 3 5 > Record annual pension expense. Note: Enter debits before credits Event General Journal Debit Credit 1 Record entry Clear entry View general journal Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts Industries during 2021: 15 points PELO service cost at Jan. 1. 2021, from plan andent at the beginning of 2018 amortization 52 million per year) Het loss-ACE at Jan. 1. 2021 (previous lors encended previous ins) Average remaining service life of the active employee group Actuary's discount rate $ 14 million $150 million 10 years eBook is in million PRO Beginning of 2021 Service cont $700 $900 52 Plan Assets Beginning of 2021 Return on plan assets. (101 expected Hint 56 Interest cost, 71 Loss (gain) on PRO Less Retire benefits Lad of 2021 110) Cash contribution (31 Leset Retire benefits 8974 End of 2021 97 31) 5322 Print References Required: 1-a. Determine Douglas Roberts's pension expense for 2021 1-6, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below. Red 1A Reg 15 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in milions ... 10,000,000 should be entered as 10).) View transaction ist Journal entry worksheet 2 3 5 Record the change in plan assets. Note: Enter debits before credits General Journal De Credit Event 2 Record entry Clear entry View general journal Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2021: 15 points Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2018 (amortization: $2 million per year) Net loss Act at Jan. 1. 2021 (previoun lo son exceeded previous gain) Average remaining service life of the active employee group Actuary's discount rate $ 14 million 5150 million 10 years eBook plan (5 in millions PRO Beginning of 2021 Service cost $700 $900 52 Beginning of 2021 Return on plan assets. 81 (105 expected) Hint 56 63 (10) Interest cost, 71 Loss (gain) on PRO Les Retiree benefits End of 2021 (33 Cash contributions Less Retiree benefits End of 2021 97 121) $822 $974 References Required: 1-a. Determine Douglas Roberts's pension expense for 2021. 1-6, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Complete this question by entering your answers in the tabs below. Req IA Reg 1 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in milions (i... 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 4 5 Record the change in the PBO. Note: Enter debits before credits Event General Journal Debit Credit 3 Racord entry Clear entry View general Journal Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts Industries during 2021 1.5 points Prior service cont at Jan. 1. 2021, tron plannendest at the beginning of 2018 Amortization 52 million per year Net 100-OCT at Jan. 1, 2021 (previous loures exceeded previous gain) Average remaining service life of the active employee group Actuary's discount rate $ 14 million 5150 million 10 years 70 ook in millions PRO Beginning of 2021 Service cost $700 36 Interest cost, 70 Loos (gain) on PBO Lesni Retiree benefits End of 2021 Assets $900 Beginning of 2021 52 Return on planeta, 101 expected) 63 (10) Cash contributions 21) LA Retiree benefits $974 End of 2021 97 131 5832 References Required: 1-a. Determine Douglas Roberts's pension expense for 2021 1.b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. ( no entry is required for a transaction/event, select "No Journal entry required in the first account field Enter your answers in millions (e. 10,000,000 should be entered as 10).) View transaction et Journal entry worksheet 3 2 5 Record the cash contribution to plan assets. Note: Enter debts before credits Event General Journal 4 Det Credit Record entry Clear entry View general journal Check my work 9 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas Roberts Industries during 2021 15 points Prior service cost at Jan. 1. 2021, from plan amendment at the beginning of 2018 (amortization $2 million per year) Net loss-oct at Jan., 2021 (previous losses exceeded previous gain) Average renaining service life of the active employee group Motory's discount rate $150 million 10 years eBook $700 Hant 15 in millions) BO Beginning of 2021 Service cost Interest cont. 71 Loa (gain) on PRO LA Retire benefits ad of 2021 56 Plan Assets 3900 Beginning of 2021 52 Return on plan assets, #1101 expected) 63 (10) Cash contributions 121 Loss Retiree benefits 5974 End of 2021 97 Pant 5122 References Required: 1-a. Determine Douglas Roberts's pension expense for 2021 1-6, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below. Red LA Reg 18 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions (.e., 10,000,000 should be entered as 10).) View transaction that Journal entry worksheet 5 Record the retiree benefits pald Noter Enter debts before credits General Journal Debit Event 5 Credit Record entry Clear entry View general journal
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