Question: U . S . M . ' s actuary determined that 2 0 2 4 service cost is $ 6 6 , 0 0 0
USMs actuary determined that service cost is $ Both the expected and actual rate of return on plan assets are The interest discount rate is USM contributed $ to the pension fund at the end of and retirees were paid $ from plan assets.
Required:
What is the pension expense at the end of
What is the projected benefit obligation at the end of
What is the plan assets balance at the end of
What is the net pension asset or net pension liability at the end of
Prepare journal entries to record the a pension expense, b funding of plan assets, and c retiree benefit payments.
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Req to
What is the pension expense at the end of
What is the projected benefit obligation at the end of
What is the plan assets balance at the end of
What is the net pension asset or net pension liability at the end of
Note: Enter your answers in thousands ie should be entered as
tableDecember Pension expense Projected benefit obligation,$
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