AC 302 WEEK 4 Exercise 20 Question 1
The following information is available for the pension plan of Radcliffe Company for the year 2014.
Actual and expected return on plan assets $ 15,000
Benefits paid to retirees 40,000
Contributions (funding) 90,000
Interest/discount rate 10 %
Prior service cost amortization 8,000
Projected benefit obligation, January 1, 2014 500,000
Service cost 60,000
0 sold
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strayer university
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AC 302
08 Sep 2015