Business, 02.12.2019 21:31 shreyasrikanth1

Agovernment has a single-employer defined benefit pension plan for the employees of its electric utility enterprise fund. at its december 31, 2019 fiscal year-end, the government had a total pension liability for the plan of $1,200,000 and the related pension's plan net position was $800,000. on december 31, 2020, the government had a total pension liability for the plan of $1,300,000 and the related pension's plan net position was $780,000.
assuming the net pension liability had been recorded in its enterprise fund on december 31, 2018 and there is no pension related deferred inflows or outflows of resources, what journal entry does the government need to make to record the government's net pension liability on december 31, 2020 in its enterprise fund?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 14:40, blackkiki5588

Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 14 percent, what is the current share price?

Answers: 2

continue

Business, 22.06.2019 12:10, felisha1234

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Answers: 1

continue

Business, 22.06.2019 13:30, drippyc334

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

Answers: 3

continue

Business, 22.06.2019 14:30, deku6

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.

Answers: 2

continue

You know the right answer?

Agovernment has a single-employer defined benefit pension plan for the employees of its electric uti...