Castillo company has a defined benefit pension plan at the

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Castillo Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $78,000; service cost, $18,300; interest cost, $5,300; benefits paid for the year, $9,300; ending PBO, $92,300; the expected return on plan assets, $10,300; and cash deposited with pension trustee, $20,500. There were no other pension related costs. The journal entry to record the annual pension costs will include a credit to the PBO for?

Reference no: EM13608090

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