Latoya Company provides the following selected information related to its defined benefit pension plan for 2020. Pension asset/liability (January 1) $25,000 Cr.
Accumulated benefit obligation (December 31) 400,000
Actual and expected return on plan assets 10,000
Contributions (funding) in 2012 150,000
Fair value of plan assets (December 31) 800,000
Settlement rate 10%
Projected benefit obligation (January 1) 700,000
Service cost 80,000

Required:
a. Compute pension expense for 2020.
b. Prepare the journal entry to record pension expense and the employer

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.