Orion Technologies' pension trust reported the following events on its statement of changes in net assets for the year ended December 31, 2023: • Interest revenue: $18,500 . Dividend revenue: $45,200 • Realized gains (losses) from the sale of investments: $12.300 • Unrealized gains (losses) from holding pension assets: ($6,500) . Employer's contribution during 2023: $75.000 • Pensions paid during 2023: $50,000 For the year ended December 31, 2023, what is the actual return on pension assets?

Orion Technologies' pension trust reported the following events on its statement of changes in net assets for the year ended December 31, 2023: • Interest revenue: $18,500 . Dividend revenue: $45,200 • Realized gains (losses) from the sale of investments: $12.300 • Unrealized gains (losses) from holding pension assets: ($6,500) . Employer's contribution during 2023: $75.000 • Pensions paid during 2023: $50,000 For the year ended December 31, 2023, what is the actual return on pension assets?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter19: Accounting For Post Retirement Benefits

Section: Chapter Questions

Problem 6MC

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