IAS 19 employee benefits

Campus limited has a defined benefit plan. The following information relates to this plan for the year ended 31 December 2017 Defined benefit plan asset opening balance N$ 300 000 Defined benefit plan obligation opening balance N$ 400 000 Discount rate based on market yield of high quality corporate 10% (unchanged) bonds Benefits paid to employees N$ 100 000 Contributions by employees into the plan assets N$ 150 000 Contribution by employer into the plan assets N$ 250 000 Current service costs at present value N$ 500 000 Present value of plan obligation as at 31 December 2017 N$ 800 000 Fair value of plan assets as at 31 December 2017 N$ 600 000 There was a Nil balance on the defined benefit plan asset ceiling adjustments account as at 1 January 2017. The present value as at 31 December 2017 of future refunds and reductions in future contributions is N$ 1 000 000. Required Provide all journal entries to the defined benefit plan for the year ended 31 December 2017. Show your workings where necessary