The following incomplete (columns have missing amounts) pension spreadsheet is for Old Tucson Corporation (OTC). ($ in millions) debit (Credit) PBO Plan Assets Prior Service Cost Net (Gain) Loss Pension Expense Cash Net Pension (Liability)/Asset Beginning balance (590 ) 85 Service cost 89 Interest cost Expected return on assets (32 ) Gain/loss on assets (2 ) Amortization of: Prior service cost (15 ) Net gain/ loss Loss on PBO (34 ) 34 Contributions to fund (83 ) Retiree benefits paid 61 (61 ) Ending balance (679 ) 341 81 105 (339 ) What was the prior service cost at the beginning of the year

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?

Which of the following best describes why you need to establish goals for your program?