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,12.Income tax D Question 12 1 pts The memorandum records of Galindez Trading at January 1, 2021 show the following data: Define Benefit Obligation 2,600,000
,12.Income tax
D Question 12 1 pts The memorandum records of Galindez Trading at January 1, 2021 show the following data: Define Benefit Obligation 2,600,000 Fair value of plan asset 3,000,000 The following infor on for 2021 is also provided: Service cost 800,000 Actual return on plan assets 300,000 Benefits paid 350,000 Contributions to the plan 780,000 Actuarial loss on remeasurement of defined benefit obligation 100,000 Service cost 800,000 Actual return on plan assets 300,000 Benefits paid 350,000 Contributions to the plan 780,000 100,000 Actuarial loss on remeasurement of defined benefit obligation 9% Discount rate How much is the net defined benefit liability/asset that will be shown on December 31, 2021 statement of financial position? 0 346,000 prepaid 0 346,000 accrued O 454.000 prepaid 454,000 accrued
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