Question Part Score --/3 Prepare the journal entry recording pension expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Question Part Score --/3 Save for Later Last saved 23 hours ago. Attempts: 0 of 3 used Submit Answer Saved work will be auto-cubmitted on the due date Question 1 of 7 - /6 liew Policies urrent Attempt in Progress Blue Company provides the following information about its defined benefit pension plan for the year 2020. Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2020 Projected benefit obligation at January 1, 2020 Accumulated OCI (PSC) at January 1, 2020 Interest/discount (settlement) rate $88,700 103,000 9,800 63,000 40,100 633,700 699,000 150,500 10 % Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive.) Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive.) Genera Annual Pension Expense Items Cash $ $ Balance, January 1, 2020 Dr. Service cost Dr. Interest cost Cr Actual return Dr. Amortization of PSC Contributions Benefits $ Journal entry for 2020 Accumulated OCI, Dec 31, 2019 Balance, Dec 31, 2020 e Textbook and Media Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive.) BLUE COMPANY Pension Worksheet-2020. | Entries OCI Prior Service Cost Pension Asset/ Liability Projected Benefit Obligation $ V V V V V V i $ e Textbook and Media question = Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive.) Memo Record Pension Asset/ Liability Projected Benefit Obligation Plan Assets > > $ $ $ >