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Crane Enterprises Ltd . provides the following information about its defined benefit pension plan: Balances or Values at December 3 1 , 2 0 2
Crane Enterprises Ltd provides the following information about its defined benefit pension plan:
Balances or Values at December
Defined benefit obligation
Fair value of plan assets
Other pension plan data:
Current service cost for
Actual return on plan assets in
Return on plan assets in using discount rate
Interest on January defined benefit obligation
Funding of plan in
Benefits paid
a
Calculate the January balances for the pensionrelated accounts if Crane follows IFRS.
Defined benefit obligation
Fair value of plan assets
$
Net defined benefit
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