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the following information pertains to Kane Co.s defined pension plan for 2008:

This question was answered on Apr 30, 2010. View the Answer
the following information pertains to Kane Co.s defined pension plan for 2008: cost

Pension Asset/Liablility Jan 1 2,000dr
service cost 19,000
interest cost 38,000
actural return on plan asset 22,000
amortization of unrecognized prior service 52,000
employer contributions 40,000
expected return on plan assets 18,000

in its December 31, 2008 balance sheet, what amount should Kane report as pension asset/liability?

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Question:The following information pertains to Kane Co’s defined pension plan for 2008: cost
Pension Asset/Liability Jan 1 2,000dr
Service cost 19,000
Interest cost 38,000
Actural return on plan...

This question was asked on Apr 30, 2010 and answered on Apr 30, 2010.

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