Question
On January 1, 2020, a company had the following balance: Accumulated OCI 215,000Cr. During the year, the company applied corridor amortization to the above balance.
On January 1, 2020, a company had the following balance:
Accumulated OCI 215,000Cr.
During the year, the company applied corridor amortization to the above balance. The journal entry to record the amortization will credit (enter the number that represents the correct answer):
- Other Comprehensive Income Gains or Losses
- Pension Expense
- Plan Assets
- Projected Benefit Obligation
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
