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eek 11: Special Topics Assignment 011 Question 1 Not complete Marked out of 1.00 Flag question Question text At December 31, 2017, the following information
- eek 11: Special Topics
- Assignment 011
Question 1
Not complete
Marked out of 1.00
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Question text
At December 31, 2017, the following information was provided by the Jiro Corp. pension plan administrator
Fair value of plan assets | P 4,250,000 |
Accumulated benefit obligation | P 5,580,000 |
Projected benefit obligation | P 7,250,000 |
What is the amount of the pension liability that should be shown on Jiro' December 31, 2017 balance sheet?
Select one:
a. P 5,580,000
b. P 1,670,000
c. P 3,000,000
d. P 1,330,000
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