Entity a Contributes to a Defined Benefit Superannuation Plan for Its

Entity A contributes to a defined benefit superannuation plan for its employees.It calculates the following: Present value of the obligation 12,286
Fair value of plan assets 11,500
786
The $786 represents:

A) The expense to be recognised in the income statement.
B) The asset to be recognised in the balance sheet.
C) The liability to be recognised in the balance sheet.
D) The revenue to be recognised in the income statement.
E) The cash flow pertaining to the contributions made for the period.