subject
Business, 22.04.2021 21:10 lportis4898

The following defined pension data of Novak Corp. apply to the year 2017 Projected benefit obligation, 1/1/17 (before amendment) 569000
Plan assets, 1/1/17 553900
Pension liability On January 1, 2017, 15,100
Novak Corp., through plan amendment, 121,000
grants prior service benefits having a present value of
Settlement rate 8%
Service cost 63400
Contributions (funding) 62400
Actual (expected) return on plan assets 52,700
Benefits paid to retirees 38,400
Prior service cost amortization for 2017 16,200
For 2017, prepare a pension worksheet for Novak Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts (Enter all amounts as positive.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:30
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
question
Business, 22.06.2019 13:40
A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.
Answers: 3
question
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
question
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
You know the right answer?
The following defined pension data of Novak Corp. apply to the year 2017 Projected benefit obligat...
Questions
question
English, 09.12.2020 15:10
question
History, 09.12.2020 15:10
question
English, 09.12.2020 15:10
Questions on the website: 13722360