ACCTG 5120 Exam 2 Flashcards by Audrey Nappi | Brainscape

Q

Net Pension Asset

A

=PBO - Assets

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Q

Pension JE

A

Pension Expense
Expected Return
Amort on Gain
or Loss
PBO(Int+Serv)
Amort PriorCost

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Q

Cash Contributions

A

Plan Assets
Cash

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Q

Paying Retirees

A

PBO
Plan Assets

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Q

Estimate Changes

A

PBO LOSs
PBO

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Q

New Asset Gain or Loss

A

=actual - expected

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Q

Lesse - Operating - Initial JE

A

ROU Asset
Lease Liability

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Q

Lesse - Operating - Payment JE

A

Lease Expense
Cash

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Q

Lessee - Operating - Amort

A

Lease Liability
ROU Asset

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Q

Lessee - Financing - Initial Entry

A

ROU Asset
Lease Liability

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Q

Lessee - Financing - Paument

A

Int Expense
Lease Liability
Cash

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Q

Lessee - Financing - Amort

A

Amort Expense
Acc Amort

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Q

Lessor - Operating - Intial

A

NONE

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Q

Lessor - Operating - Payment

A

Cash
Lease Revenue

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Q

Lessor - Operating - Amortization

A

Dep Exp
Acc Dep

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Q

Lessor - Financing - Initial

A

Lease Receivable
Equipment

OR

Lease Receivable
COGS
Equipment
Sales Revenue

Q

Lessor - Financing - Payment

A

Cash
Lease Receivable
Interest Revenue

Q

A