Gingrich importers provides the following pension plan


Gingrich Importers provides the following pension plan information

Fair value of pension plan assets, January 1, 2014 $2,376,700

Fair value of pension plan assets, December 31, 2014 2,803,500

Contributions to the plan in 2014 251,900

Benefits paid retirees in 2014 358,000.

From the data above, compute the actual return on the plan assets for 2014.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Gingrich importers provides the following pension plan
Reference No:- TGS01689082

Expected delivery within 24 Hours