pension journal enties Flashcards
1
Q
contributions
A
dr pension expense
cr cash
2
Q
contributions but coinciding with pay day
A
dr pension expense
cr pension liability
3
Q
journal entry ifrs remeadurement gain
A
dr pension expense
cr remeasurement gain oci
4
Q
pension expense for the year
A
dr dbe
cr net defined benefit liability
5
Q
payment of contribution
A
dr net defined benefit liability
cr cash
6
Q
ifrs pension worksheet template
A
remeasurnent gain or loss
dbe
cash
noble/a
dbo
pa
7
Q
aspe pension worksheet
A
expense
cash
ndbla
dbo
pa
8
Q
remeasuremt gain or loss oci
A
actual interest on pa -pa x discount rate
ifrs only
9
Q
dbo
A
ps
cs
interest cost
less benefits paid
increase or dec by actuarial gain or loss
10
Q
interest cost under dbo
A
Beg DBO
+
PS cost
x
discount rate
11
Q
PA
A
contributions
actual return on asset
less benefits paid
12
Q
A
