Harrison Forklift's pension expense includes a service cost of $20 million. Harrison began the year with a pension liability of $40 million (underfunded pension plan).
Required:
Prepare the appropriate journal entries to record Harrison's pension expense in each of the following independent situations regarding th other components of pension expense ($in millions):
1. Interest cost, $8; expected return on assets, $14; amortization of net loss, $4.
2. Interest cost, $16; expected return on assets, $12; amortization of net gain, $4.
3. Interest cost, $16; expected return on assets, $12; amortization of net loss, $4; amortization of prior service cost, $5 million.

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Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.