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The following information is related to the pension plan of a company for 2021. Contributions to the plan $234,000 Actual return on plan assets 214,000
The following information is related to the pension plan of a company for 2021.
Contributions to the plan $234,000
Actual return on plan assets 214,000
Amortization of OCI-net gain 86,000
Amortization of OCI-prior service cost 163,000
Expected return on plan assets 260,000
Interest on projected benefit obligation 368,000
Service cost 836,000
Pension expense for 2021 is:
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Accounting What The Numbers Mean
Authors: David Marshall
13th Edition
1264126743, 9781264126743
