Unformatted text preview: 200,000 Dr. 200,000 Cr. Journal entry, Dec. 31 312,000 Dr. 250,000 Cr. 62,000 Cr. Balance, Dec. 31, 2007 62,000 Cr. 2,077,000 Cr. 1,130,000 Dr. 1,085,000 Dr. * 200,000 Cr. *This number is a plug as the problem states there is no unrecognized gain or loss. **Note: We show actual return on the worksheet to ensure that plan assets are properly reported. If expected and actual return differ, then an additional adjustment is made to compute the proper amount of pension expense....
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- Spring '08
- Depreciation, January 1, Liability gain Journal, Record Unrecognized Unrecognized