Question
Brief Exercise 20-8 Blossom Corporation has the following balances at December 31, 2017. Projected benefit obligation $2,568,000 Plan assets at fair value 1,997,000 Accumulated OCI
Brief Exercise 20-8
Blossom Corporation has the following balances at December 31, 2017.
| Projected benefit obligation | $2,568,000 | |
| Plan assets at fair value | 1,997,000 | |
| Accumulated OCI (PSC) | 1,196,000 |
What is the amount for pension liability that should be reported on Blossom's balance sheet at December 31, 2017?
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Contemporary Auditing real issues and cases
Authors: Michael C. Knapp
9th edition
978-1133839552, 113383955X, 1133187897, 978-1133710424, 1133710425, 978-1133187899
