Business
Business, 30.09.2019 20:10, mili74

Castillo company has a defined benefit pension plan. at the end of the reporting year, the following data were available: beginning pbo, $81,000; service cost, $18,600; interest cost, $5,600; benefits paid for the year, $9,600; ending pbo, $95,600; the expected return on plan assets, $10,600; and cash deposited with pension trustee, $19,000. there were no other pension-related costs. the journal entry to record the annual pension costs will include a credit to the pbo for:

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Castillo company has a defined benefit pension plan. at the end of the reporting year, the following...

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