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What amount should be shown in ABC Company statement

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Question - The following information relates to the defined retirement benefit plan of ABC Company as of December 31, 2020:

Net actuarial gain due to remeasurement of benefit obligation and plan assets taken to OCI - P 123,000

Prior service cost due to amendment of plain included in retirement benefit expense- 443,000

Fair value of plan assets - 2,557,000

Accrued benefit obligation - 2,800,000

What amount should be shown in ABC Company's statement of financial position at December 31, 2020 as Prepaid or Accrued Retirement benefit cost?

Reference no: EM132903581

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