subject
Business, 08.05.2021 02:20 jackieanguiano3700

TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following information for the year ended December 31, 20X1: Service cost $90,000
Interest cost $120,000
Actual return on plan assets $70,000
Expected return on plan assets $80,000
Amortization of prior service costs $ 30,000
If the company contributes $160,000 cash to the pension plan trustee, which one of the following journal entries properly records the pension plan activity for 2018?
a. $160,000.
b. $120,000.
c. $90,000.
d. $170,000.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:40
Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?
Answers: 3
question
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
question
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
question
Business, 23.06.2019 09:30
If gerry is approved for a $150,000 mortgage at 3.75 percent interest for a 30-day loan, what would the monthly payment be?
Answers: 1
You know the right answer?
TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following i...
Questions
Questions on the website: 13722365