Brief Exercise 20-10

Coronado Corp. has three defined benefit pension plans as follows.

Pension Assets

(at Fair Value)

Projected Benefit

Obligation

Plan X$637,000$471,000Plan Y883,000751,000Plan Z591,000661,000

How will Coronado report these multiple plans in its financial statements?

PensionAsset$

PensionLiability$

Brief Exercise 20-10 Coronado Corp. has three defined benefit pension plans as follows. Pension Assets (at Fair Value) Plan X Plan Y Plan Z Projected Benefit Obligation $637,000 883,000 591,000 $471,000 751,000 661,000 How will Coronado report these multiple plans in its financial statements? $ Pension Asset $ Pension Liability