Data pertaining to the postretirement health care benefit

Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2013:

	($ in 000s)
Service cost	$	134
Accumulated postretirement benefit obligation, January 1		600
Plan assets (fair value), January 1		110
Prior service cost-AOCI		none
Net gain-AOCI (2013 amortization, $1)		99
Retiree benefits paid (end of year)		87
Contribution to health care benefit fund (end of year)		195
Discount rate, 7%
Return on plan assets (actual and expected), 10%

Required:

1.	Determine the postretirement benefit expense for 2013. (Enter your answer in thousands.)

Why are audit objectives important in planning and : why are audit objectives important in planning and performing an audit? explain the differences between transaction

As an auditor what areas would be of interest to you if you : as an auditor what areas would be of interest to you if you discovered during the planning stages of the audit that

The city will pay for the supplies from available : the city of upper falls accounts for its inventory using the purchases method. during the year the city bought 400000

In order to reimburse the county for expenditures for : washington county assumed the responsibility of collecting property taxes for all governments within its boundaries. in

Data pertaining to the postretirement health care benefit : data pertaining to the postretirement health care benefit plan of sterling properties include the following for 2013 in

Lance lawn services reports warranty expense by estimating : lance lawn services reports warranty expense by estimating the amount that eventually will be paid to satisfy

The risk-free rate is 8 the average market return is 12 : a project will require an cash outlay of 65000 and inflows of 12000 per year for 12 years. the project is expected to

The bootsie holding company has sales exceeding 10 billion : the bootsie holding company has sales exceeding 10 billion and each of its three wholly-owned subsidiaries has sales

Rankine company estimates its bad debts expense by aging : rankine company estimates its bad debts expense by aging its accounts receivable and applying percentages to various