Duesbury Corporation amended its pension plan on January 1, 2011, and granted $120,000 of prior service costs
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Duesbury Corporation amended its pension plan on January 1, 2011, and granted $120,000 of prior service costs to its employees. The employees are expected to provide 2,000 service years in the fu- ture, with 350 service years in 2011. Compute prior service cost amortization for 2011.
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Related Book For
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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