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The following information relates to balances of the following accounts for Terras Co. on the following dates. 1/1/2010 1/1/2011 Projected Benefit Obligation $6,300,000 $6,500,000 Fair
The following information relates to balances of the following accounts for Terras Co. on the following dates.
| 1/1/2010 | 1/1/2011 | |
| Projected Benefit Obligation | $6,300,000 | $6,500,000 |
| Fair Value of Plan Assets | $5,850,000 | $6,750,000 |
| Accumulated OCI - (Gains)/Losses | $700,000 | $625,000 |
| Average Remaining Service Life | 15 | 15 |
The amount of OCI (losses) amortized in 2010:
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Financial Accounting For MBAs
Authors: Peter Easton, Robert Halsey, Mary Lea McAnally, John Wild
8th Edition
1618533584, 9781618533586
