What kind of account arises

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1. If pension expense recognized in a period exceeds the current amount funded by the employer, what kind of account arises, and how should it be reported in the financial statements? 

2. If the reverse occurs-that is, current funding by the employer exceeds the amount recognized as pension expense-what kind of account arises, and how should it be reported? 

Reference no: EM131109174

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What kind of account arises : If pension expense recognized in a period exceeds the current amount funded by the employer, what kind of account arises, and how should it be reported in the financial statements?
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