Exercise_20-4_Worksheet

Exercise_20-4_Worksheet - (5) Amortization of PSC (6)...

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Ex20-4 Trudy Co. Pension Worksheet-2011 Formal Accounts Other Comp. Income Annual Pension Pension Prior Service Gains/ Asset/ Expense Cash Cost Losses Liability PBO FVPA Items Balance, 1/1/011 $0 $490,000 Cr $490,000 Dr (1) Service Cost $40,000 Dr $40,000 Cr (2) Interest Cost $39,200 Dr $39,200 Cr (3) Actual return $49,700 Cr $49,700 Dr (4) UnExpected Loss
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Unformatted text preview: (5) Amortization of PSC (6) Contributions $25,000 Cr $25,000 Dr (7) Benefits $33,400 Dr $33,400 Cr Journal Entry $29,500 Dr $25,000 Cr $4,500 Cr Balance 12/31/2011 0 $4,500 Cr $535,800 Cr $531,300 Dr Reconciliation Schedule PBO $535,800 Cr FVPA $531,300 Dr Funded Status (Under) ($4,500)...
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This note was uploaded on 02/12/2012 for the course ACCT 3021 taught by Professor Delaune during the Fall '06 term at LSU.

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