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Business, 08.04.2021 17:30 carsyn2016
At January 1, 2020, Teal Company had plan assets of $254,500 and a projected benefit obligation of the same amount. During 2020, service cost was $26,600, the settlement rate was 10%, actual and expected return on plan assets were $24,500, contributions were $20,800, and benefits paid were $16,800. Prepare a pension worksheet for Teal Company for 2020.
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At January 1, 2020, Teal Company had plan assets of $254,500 and a projected benefit obligation of t...
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