DeMent Co. had the following amounts related to its pension plan in 2009. Determine for 2009: (a)

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DeMent Co. had the following amounts related to its pension plan in 2009.

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Determine for 2009:

(a) DeMent’s other comprehensive income, and

(b) comprehensive income. Net income for 2009 is $26,000; no amortization of gain or loss is necessary in 2009.

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Intermediate Accounting 2007 FASB Update Volume 2

ISBN: 9780470128763

12th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Jun 26, 2024 01:23 AM

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DeMent Co. had the following amounts related to its pension plan in 2009. Determine for 2009: (a)

Question:

Actuarial liability loss for 2009 Unexpected asset gain for 2009 Accumulated other comprehensive income (G/L) (beginning balance) $25,000 18,000 7,000 Cr.

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Intermediate Accounting 2007 FASB Update Volume 2

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