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Beale Management has a noncontributory, defined benefit pension plan, On December 31,2024
(the end of Beale's fiscal year), the following pension-related data were available: Required:
Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service
cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a
minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e., 10 , 000 ,
000 should be entered as 10 ). Required: Prepare a pension spreadsheet to show the relationship
among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net
pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive
sign. Enter your answers in millions (I.e., 10 , 000 , 000 should be entered as 10 ).

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Beale Management has a noncontributory- defined benefit pension plan-.docx

  • 1. Beale Management has a noncontributory, defined benefit pension plan, On December 31,2024 (the end of Beale's fiscal year), the following pension-related data were available: Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e., 10 , 000 , 000 should be entered as 10 ). Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (I.e., 10 , 000 , 000 should be entered as 10 ).