Reference no: EM132771866
Question - On January 1, 2020 , Reshel Company reported the fair value of plan assets at P6,700,000 and projected benefit obligation at P7,600,000. The entity revealed the following for the current year:
Current service cost 1,150,000
Past service cost 300,000
Discount rate 10%
Actual return on plan assets 500,000
Contribtution to the plan 1,500,000
Benefits paid to retirees 800,000
Required - What is the employee benefit expense?
|
What is balance in the allowance account after adjustment
: If Allowance for Doubtful Accounts has a credit balance of $15,000 before adjustment, what is the balance in the allowance account after the adjustment
|
|
What are some good qualities that make women well suited
: What are some good qualities that make women (more so than men) well suited to assume high-level leadership roles? The response must be typed, double spaced.
|
|
What will be the loss to the cdic
: If $120 million of the liabilities are insured and $80 million are uninsured, what will be the loss to the CDIC if the payout and disclosure method of failure
|
|
What are your perceptions of existence of gender inequality
: What are your perceptions of the existence of gender inequality in the world around us? How does it show itself and have we just taken it as a fact of life.
|
|
What is the employee benefit expense
: On January 1, 2020 , Reshel Company reported the fair value of plan assets at P6,700,000. What is the employee benefit expense
|
|
What is the present value of a perpetual stream of cash flow
: What is the present value of a perpetual stream of cash flows that pays ?$3,000 at the end of year one and the annual cash flows grow at a rate of 2?% per year?
|
|
Propose the importance of the financial account
: Propose the importance of the financial account (from the BOP) to economic indicators. Propose the importance of the financial account (from the BOP).
|
|
What interest expense recognized for first semiannual
: Bartlet Corporation's fiscal year end is June 30. The interest expense recognized for the first semiannual interest payment on January 1, 2020 is
|
|
How are career paths useful for employees
: How are career paths useful for employees? What is a dual career path? How can career paths contribute to company effectiveness? The response must be typed.
|