Analyzing Pension Gain$/$Loss

Spears Company presents the following information related to its pension plan for the year, before recording pension expense. $2.$ Amortization under the straight$-$line method

$Answer

b$.$ Determine the Accumulated OCI$$Pension Gain$/$Loss balance at January $1,$ of next year, assuming straight$-$line amortization.

Note: Use a negative sign to indicate a credit balance in the account.

Accumulated OCI$$Pension Gain$/$Loss$,$ Jan. $1$

$Answer d$.$ Determine the amortization of Accumulated OCI$$Pension Gain$/$Loss for the next year, assuming straight$-$line amortization.

Amortization under the straight$-$line method

$Answer