Discount rate, 7% Expected return on plan assets, 13% Actual return on plan assets, 12%...
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Accounting
Discount rate, Expected return on plan assets, Actual return on plan assets, Service cost, $ January : Projected benefit obligationAccumulated benefit obligationPlan assets fair valuePrior service cost AOCI amortization, $Net gain AOCI amortization, $There were no changes in actuarial assumptions. December : Cash contributions to pension fund, December Benefit payments to retirees, December Required:Determine pension expense for Prepare the journal entries to record a pension expense, b gains and losses if anyc funding, and d retiree benefits for
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