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Information on Entity A's defined benefit plan is as follows: PV of DBO - Jan. 1, 20x1 FVPA - Jan.1, 20x1 PV of DBO - Dec. 31, 20x1 FVPA, end. - Dec. 31, 20x1 1,572,00o Current service cost Actuarial loss 1,800,000 1,440,000 2,160,000 390,000 120,000 132,000 Return on plan assets Discount rate 5%

Information on Entity A's defined benefit plan is as follows: PV of DBO - Jan. 1, 20x1 FVPA - Jan.1, 20x1 PV of DBO - Dec. 31, 20x1 FVPA, end. - Dec. 31, 20x1 1,572,00o Current service cost Actuarial loss 1,800,000 1,440,000 2,160,000 390,000 120,000 132,000 Return on plan assets Discount rate 5%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How much is the component of the total defined benefit cost to be recognized in other comprehensive income?

Information on Entity A's defined benefit plan is as follows: PV of DBO - Jan. 1, 20x1 1,800,000 1,440,000 FVPA - Jan.1, 20x1 PV of DBO - Dec. 31, 20х1 Dec. 31, 20х1 2,160,000 1,572,000 390,000 120,000 132,000 FVPA, end. Current service cost Actuarial loss Return on plan assets Discount rate 5%
Transcribed Image Text:Information on Entity A's defined benefit plan is as follows: PV of DBO - Jan. 1, 20x1 1,800,000 1,440,000 FVPA - Jan.1, 20x1 PV of DBO - Dec. 31, 20х1 Dec. 31, 20х1 2,160,000 1,572,000 390,000 120,000 132,000 FVPA, end. Current service cost Actuarial loss Return on plan assets Discount rate 5%
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