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