How much is the return on plan assets during the year?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:341,000
Fair value of plan assets, Jan. 1
Contributions to the retirement fund during the
Benefits paid to retirees
Actuarial loss
32,000
89,000
year
50,000
335,000
Fair value of plan assets, Dec. 31
How much is the return on plan assets during the
year?
a. 51,000
b. 81,000
с. 101,000
d. 1,000
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