Chapter 17 - Part 2(2).ppt - Pensions and Other...

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Pensions and Other Postretirement Benefits Chapter 17 Part 2
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17-2 Exercise 17-11 Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2016: Required: 1)For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2016. 2)For each independent case, determine the net loss – AOCI or net gain – AOCI as of January 1, 2017
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17-3 Pension-Related Journal Entries (E17-19) Beale Management has the following pension-related data available: Required: Prepare all journal entries and account balances
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17-4 Exercise 17-16 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2016. Required: Determine all pension-related journal entries.
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17-5 Pension Spreadsheet (E17-15) Universal Products’ discount rate is 5%. At the end of 2014, the pension formula was amended, creating a prior service cost of $160,000. The expected return is 8%. The employee average service life is 20 years.
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  • Spring '13
  • woodward
  • Cash balance plan, service cost

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