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Accounting help. please no plagiarism. show your working 2 hours max

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Question 2 (3 points?25 minutes);The following information pertains to A&E Co.?s defined benefit pension plan for the year 201 3.;Projected benefit obligation at 1/1/201 3;$600,000;Fair value of pension plan assets 1/1/201 3;420,000;Unrecognized prior service costs at 1/1/201 3;240,000;Service cost;80,000;Amortization of prior service costs;20,000;Contributions to the plan;40,000;Benefits paid;15,000;Actual and expected return on plan assets;6%;Interest/discount rate used;6 %;a. Show calculations to compute the pension expense for 201 3.;b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/201 3.;c. Show calculations to compute the ending balance of the plan assets at 12/31/201 3.

 

Paper#81392 | Written in 18-Jul-2015

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