Question: Required information Problem 1 7 - 1 6 ( Algo ) Comprehensive - reporting a pension plan; pension spreadsheet; financial statement effects; two years [
Required information
Problem Algo Comprehensivereporting a pension plan; pension spreadsheet; financial
statement effects; two years L
The following information applies to the questions displayed below.
Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during :
Prior service cost at January from plan amendment at the beginning of
amortization: $ million per year
Net losspensions at January previous losses exceeded previous gains
Average remaining service life of the active employee group
Actuary's discount rate
$ million
$ million
years
$ in millions
Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during
:
$ in millions
Problem Algo Part
Using Taccounts, determine the balances at December in the net lossAOCl and prior service costAOCl.
Note: Enter your answers in millions rounded to decimal place ie should be entered as
Answer is not complete.
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