At January 1, 2025, Carla Vista Company had plan assets of $293,300 and a projected benefit obligation of the same amount. During 2025, service cost was $26,400, the settlement rate was 10%, actual and expected return on plan assets were $25,000, contributions were $20,400, and benefits paid were $17,600. Prepare a pension worksheet for Carla Vista for 2025. (Enter all amounts as positive.) Items Balance 1/1/25 Service cost Interest cost Actual return Contributions Benefits Journal entry Balance, 12/31/25 $ $ Pension Expense $ General Journal Entries Cash CARLA VISTA COMPANY $ $ Pension Asset/Liability V $ Projected Benefit Obligation Memo Record V $ $ Plan Assets V V V V v ▸

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization shou…