"2-5-2010 - EXERCISE 20-1 (a) Computation of...

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EXERCISE 20-1 (a) Computation of pension expense: Service cost. .............................................................................. $ 60,000 Interest cost ($500,000 x .10). .................................................. 50,000 Expected return on plan assets. ................................................ (15,000) Prior service cost amortization. ................................................ 8,000 Pension expense for 2010. ........................................................ $103,000 (b) Pension Expense. ................................................................................ 103,000 Cash. .......................................................................................... 90,000 Pension Asset /Liability. ........................................................... 5,000 Other Comprehensive Income (PSC). ....................................... 8,000 1
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EXERCISE 20-4 BOUDREAU INC. Pension Worksheet—2010
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This note was uploaded on 04/09/2011 for the course MGMT 351 taught by Professor Staff during the Winter '08 term at Purdue University-West Lafayette.

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"2-5-2010 - EXERCISE 20-1 (a) Computation of...

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