What is the amount of pension asset / liability


Huggins Company has the following information at December 31, 2011 related to its pension plan:

Projected benefit obligation $4,000,000
Accumulated benefit obligation 3,200,000
Plan assets (fair value) 4,200,000
Accumulated OCI (PSC) 300,000
what is the amount of pension asset / liability Huggins Company would recognize at December 31, 2011 ?

 

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Accounting Basics: What is the amount of pension asset / liability
Reference No:- TGS066713

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