As a result of a discontinued operation, Wasson Company is curtailing some benefits provided in its pension plan. It has the following data related to the plan.
Defined benefit obligation (Credit) ............................€(1,500)
Fair value of plan assets (Debit)..................................... 1,350
Funded status.................................................................. (150)
Unrecognized actuarial gains (Credit)............................... (30)
Unrecognized past service costs (PSC) (Debit).................. 80
Pension asset/liability....................................................€ (100)
The curtailment results in a €180 reduction in the defined benefit obligation (there is no impact on the plan assets). The employees affected comprise 20% of all employees in the plan. Prepare the entry to record the curtailment for Wasson.