assets (at fair value) sion expense ected benefit obligation ual contribution to plan umulated OCI (PSC) 2025 $1560000 $175000. 755000 1930000 800000 620000 2026 $2236000 585000 2411000 585000 530000 mount reported as the liability for pensions on the December 31, 2026 bal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following information relates to Ivanhoe, Incorporated:
Plan assets (at fair value)
Pension expense
Projected benefit obligation
Annual contribution to plan
Accumulated OCI (PSC)
For the Year Ended December 31,
2025
$1560000
755000
1930000
O $175000.
O $530000.
O $0.
O $2411000.
800000
620000
2026
$2236000
585000
2411000
585000
530000
The amount reported as the liability for pensions on the December 31, 2026 balance sheet is
Transcribed Image Text:Current Attempt in Progress The following information relates to Ivanhoe, Incorporated: Plan assets (at fair value) Pension expense Projected benefit obligation Annual contribution to plan Accumulated OCI (PSC) For the Year Ended December 31, 2025 $1560000 755000 1930000 O $175000. O $530000. O $0. O $2411000. 800000 620000 2026 $2236000 585000 2411000 585000 530000 The amount reported as the liability for pensions on the December 31, 2026 balance sheet is
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