Business, 05.05.2020 06:35 dkargbo6034
At January 1, 2020, Flounder Company had plan assets of $285,300 and a projected benefit obligation of the same amount. During 2020, service cost was $28,300, the settlement rate was 10%, actual and expected return on plan assets were $25,700, contributions were $20,400, and benefits paid were $17,000. Prepare a pension worksheet for Flounder Company for 2020.
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At January 1, 2020, Flounder Company had plan assets of $285,300 and a projected benefit obligation...
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