(Answered) Question - prepare a 2010 pension worksheet with

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Question - Prepare a 2010 pension worksheet with supplementary schedules of computations. Prepare the journal entries at December 31 2010 to record pension expense and related pension transactions; also indicate the pension amounts reported in the balance sheet.

	Jan-10	Dec-10
Vested benefit obligation	1500	1900
Accumulated benefit obligation	1900	2730
Projected benefit obligation	2500	3300
plan assets (fair Value)	1700	2620
pension / asset liability	800	?
settlemnt rate and ezxdpected rate of return		10%
service cost for the year 2010		400
contributions (funding in 2010		700
benefits paid in 2010		200

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