Clear font and in deatails please ! This is the complete question. Could you men

Question

Clear font and in deatails please !

This is the complete question.

Could you mention what might be the lack of information in this question please ?

Preparation of a pension worksheet and pension entries The accountant for Camberwell Ltd. has developed the following information regarding the company's defined benefit pension plan for calendar 2018: 2018 Annual service cost Discount rate/expected rate of return Actual return Funding of current service Funding of past service Benefits paid Past service cost (amended Jan. 1, 2018) Change in acturarial assumptions gives 34,500 9% 38,700 35,300 72,000 54,000 120,000 a Dec. 31, 2018 DBO of 700,000 Jan. 1, 2018 491,000 499,000 Plan assets DBO The corporation uses IFRS Required a) Using the above information, complete the pension work sheet for 2018 b) Prepare the journal entries to reflect the accounting for the company's pension plan for the year ended December 31, 2018

Explanation / Answer

Following information is missing in this question:

1. Interest Rate

2. What actuarial assumptions are changed leading to change in value of DBO

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