Actuarial gain or loss – plan assets Fair value of plan assets (1 July 2013) Plus: Return on plan assets (6% x $94 356 000) Contributions Minus: Benefits paid Actuarial Fair value of plan assets (30 June 2014) Required: Select a correct answer for each blank. $94 356 000 5 661 360 8 640 000 (15 552 000) $95 832 000
Actuarial gain or loss – plan assets Fair value of plan assets (1 July 2013) Plus: Return on plan assets (6% x $94 356 000) Contributions Minus: Benefits paid Actuarial Fair value of plan assets (30 June 2014) Required: Select a correct answer for each blank. $94 356 000 5 661 360 8 640 000 (15 552 000) $95 832 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Actuarial gain or loss - plan assets
Fair value of plan assets (1 July 2013)
Plus:
Return on plan assets (6% x $94 356 000)
Contributions
Minus:
Benefits paid
Actuarial
Fair value of plan assets (30 June 2014)
Required: Select a correct answer for each blank.
$94 356 000
5 661 360
8 640 000
(15 552 000)
$95 832 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F90ccc068-cb23-4121-aaaa-806482aa2a5b%2Fb62eb101-a997-44c0-8907-43fe3b8e2743%2Fid9vwgh_processed.png&w=3840&q=75)
Transcribed Image Text:Actuarial gain or loss - plan assets
Fair value of plan assets (1 July 2013)
Plus:
Return on plan assets (6% x $94 356 000)
Contributions
Minus:
Benefits paid
Actuarial
Fair value of plan assets (30 June 2014)
Required: Select a correct answer for each blank.
$94 356 000
5 661 360
8 640 000
(15 552 000)
$95 832 000
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