This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 50,000 Settlement rate 8% Expected rate of return 6% Instructions (a) Determine the projected benefit obligation at December 31, 2010. There are no net gains or losses. (b) Determine the fair value of plan assets at December 31, 2010. (c) Calculate pension expense for 2010. (d) Prepare the journal entry to record pension expense and the contributions for 2010....
View Full Document
- Spring '08