Unformatted text preview: 21,000 Cr. 930,000 Cr. 769,000 Dr. 140,000 Dr. (b) $80,000 = $800,000 X 10%. Reconciliation Schedule Projected benefit obligation $(930,000) Plan assets at fair value 769,000 Funded status (161,000) Unrecognized prior service cost 140,000 Prepaid/accrued pension cost $ (21,000 ) *Note: We show actual return on the worksheet to ensure that plan assets are properly reported. If expected and actual return differ, then an additional adjustment is made to compute the proper amount of pension expense....
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- Spring '08
- Depreciation, Generally Accepted Accounting Principles, prior service cost, unrecognized prior service