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Find what would have been amount recorded as pension expense

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Reference no: EM132972144

Problem 1: The Pension Expense in a pension plan for the year were recorded at $856,800. In addition, an amount of $161,400 had been debited to the Other Comprehensive Income account to record all actuarial losses for the year. In addition, the company had contributed a cash amount of $350,000 to the Plan Assets. What would have been the amount recorded as Pension expenses for 2019 if the company were reporting under ASPE?

a. $856,800.
b. $757,200.
c. $161,400.
d. $350,000.
e. None of the above.

Reference no: EM132972144

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