Pension liability, January 1, 2025 Campbell Company provided the following information related to its defined benefit pension plan for 2025: $25,000 Service cost 35,000 40,000 30,000 20,000 50,000 Interest cost Actual and expected ROA Prior service costs amortization Employer contributions In its December 31, 2025 balance sheet, what amount should Campbell report as the underfunded or overfunded asset or liability? OA. $50,000 overfunded B. $40,000 overfunded OC. $20,000 underfunded OD. $60,000 underfunded

Pension liability, January 1, 2025 Campbell Company provided the following information related to its defined benefit pension plan for 2025: $25,000 Service cost 35,000 40,000 30,000 20,000 50,000 Interest cost Actual and expected ROA Prior service costs amortization Employer contributions In its December 31, 2025 balance sheet, what amount should Campbell report as the underfunded or overfunded asset or liability? OA. $50,000 overfunded B. $40,000 overfunded OC. $20,000 underfunded OD. $60,000 underfunded

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 4E

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Wildhorse Company provides the following information about its defined benefit pension plan for the year 2025. Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2025 Projected benefit obligation at January 1, 2025 Accumulated OCI (PSC) at January 1, 2025 Interest/discount (settlement) rate Compute the pension expense for the year 2025. Pension expense for 2025 $89,400 105,700 10,800 64,500 40,200 640,200 710,100 152,200 10%
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rane importers provides the following pension plan Fair value of pension plan assets, January 1, 2025 Fair value of pension plan assets, December 31, 2025 Contributions to the plan in 2025 Benefits paid retirees in 2025 Tormation. Actual return on plan assets for 2025 $ $2,575,000 2,914,000 299,000 366,000 From the data above, compute the actual return on the plan assets for 2025.
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