(Answered) 3-year worksheet journal entries and reporting jackson

Accounting

(3-Year Worksheet, Journal Entries, and Reporting) Jackson Company adopts acceptable accounting for its defined-benefit pension plan on January 1, 2009, with the following beginning balances: plan assets $200,000; projected benefit obligation $250,000. Other data relating to 3 years' operation of the plan are shown on the next page.

(a) Prepare a pension worksheet presenting all 3 years' pension balances and activities.

(b) Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year.

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