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Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2011 (the end of Beale's fiscal year), the following...

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Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2011 (the end of Beale's fiscal year), the following pension-related data were available: Projected Benefit Obligation ($ in millions) Balance, January 1, 2011 $ 700 Service cost 88 Interest cost, discount rate, 5% 35 Gain due to changes in actuarial assumptions in 2011 (18) Pension benefits paid (35) Balance, December 31, 2011 $ 770 Plan Assets ($ in millions) Balance, January 1, 2011 $ 720 Actual return on plan assets 49 (Expected return on plan assets, $54) Cash contributions 74 Pension benefits paid (35) Balance, December 31, 2011 $ 808 January 1, 2011, balances: ($ in millions) Pension asset $ 20 Prior service cost−AOCI (amortization $5 per year) 30 Net gain−AOCI (any amortization over 14 years) 100 1) Prepare the 2011 journal entry to record pension expense. (Enter your answers in millions. Omit the "$" sign in your response.) Pension Expense ? Plan Assets 54 Amortization of net gain – OCI 2 Amortization of prior service cost – OCI ? PBO ? I figured out everything but where the question marks are.
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Accounting-8100725.doc

Beale Management has a noncontributory, defined benefit pension plan. On December 31,
2011 (the end of Beale's fiscal year), the following pension-related data were available:
Projected Benefit...

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