Question
bronks co had pension plan assets and PBO of 150,000 on 1/1/11. service cost for the year was 40,000. it contributed 30,000 during the year
bronks co had pension plan assets and PBO of 150,000 on 1/1/11. service cost for the year was 40,000. it contributed 30,000 during the year and paid benefits of 20,000. its expected rate of return was 10% and its actual rate was 8%.
Pension expense for the year is?
what is the PBO balance on 12/31/11
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
