Question 10 At January 1, 2017, Tamarisk Company had plan assets of $261,800 and a...
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Question 10 At January 1, 2017, Tamarisk Company had plan assets of $261,800 and a projected benefit obligation of the same amount. During 2017, service cost was $27,900, the settlement rate was 10%, actual and expected return on plan assets were $25,100, contributions were $19,200, and benefits paid were $16,900 Prepare a pension worksheet for Tamarisk Company for 2017 TAMARISK COMPANY General Journal Entrie emo Record Pension Expense Pension Asset/Liability Benefit Obligation Plan Assets Items Cash Service cost Interest cost Actual return Contributions Benefit Journal entry, 12/31/17 $ Balance, 12/31/17
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