Comprehensive 2-Year Worksheet)

Comprehensive 2-Year Worksheet) - Glesen Company Pension...

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Glesen Company Pension Worksheet Balance, Jan. 1 2008 Cash Service cost 40,000Dr. 80,000Cr. 12,300Cr. 12,300Dr. Interest cost 65,000 Dr. Actual return 36,000Dr. Unexpected loss 5,000Cr. Amortization 70,000Dr. Contributions 72,000Cr. Benefits Liability loss Minimum liabilityAdj. 81,000Cr. 77,700Dr. 3,300Dr. Journal Entry 2008 134,000Dr. 72,000Cr. 62,000Cr. Balance for 12/31/08 142,000Cr.93,300Cr. 90,000Dr. 3,300Dr. Service cost 59,000Dr. Interest cost 81,050Dr. Actual return 61,000Cr. Unexpected gain 12,350Dr. Amortization 55,000Dr. Contributions 81,000Cr. Benefits Unrecog. Loss Amort 548Dr. Minimum liability Adj. 86,748Dr. 83,448Cr. 3,300Cr. Journal Entry 2009 146,948Dr. 81,000Cr. 65,948Cr. Balance for 12/31/09 207,948Cr.6,552Cr. 6,552Dr. 0 Glesen Company Pension Worksheet , 2008 and 2009 Item 2008 650,000Cr. 410,000Dr.160,000Dr. Service cost 40,000Cr. Interest cost 65,000Cr. Actual return 36,000Dr. Unexpected loss
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This note was uploaded on 06/26/2009 for the course ACC423 acc423 taught by Professor Fisher during the Spring '09 term at University of Phoenix.

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Comprehensive 2-Year Worksheet) - Glesen Company Pension...

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