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Unformatted text preview: amount, e.g. 10, 5, 2.) Description/Account Pension Expense Cash Other Comprehensive Income (PSC) Pension Asset/Liability Solution E20-1 (a) Computation of pension expense Service cost Interest cost ($500,000 × 0.10) Expected return on plan assets Prior service cost amortization Pension expense for 2012 (b) Description/Account Debit Pension Expense 103,000 Cash Other Comprehensive Income (PSC) Pension asset/Liability...
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This note was uploaded on 03/25/2012 for the course ACC 102 taught by Professor Benz during the Spring '12 term at CUNY Baruch.
- Spring '12