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.

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TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following i...