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Compute the amount reflected in the balance sheet

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Question - Fair Value of plan assets, beg 700,000PV of defined benefit obligation, beg 550,000

FV of plan asset, end 1,200,000

PV of defined benefit obligation, end 800,000

Benefits Paid 100,000

Current Service Cost 125,000

Past Service Cost 30,000

Contribution to the plan 140,000

Discount rate 10%

The asset ceiling are 100,000 and 250,000 at the beginning and end of the year respectively.

a. Compute the amount reflected in the balance sheet?

b. Compute the amount in Profit/Loss?

c. Compute the amount in Other Comprehensive Income?

Reference no: EM133039620

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