Exhibit 20-1 Given the following information:
$\begin{array} { | l | l | l | l | }
\hline & 2010 & 2011 & 2012 \
\hline \text { Projected benefit obligation } & \$ 600 & \$ 700 & \$ 1,200 \
\hline \text { Plan asset value } & 400 & 800 & 1,100\
\hline
\end{array}$ Average remaining service life = 5 years
An unrecognized net loss existed at the beginning of 2010 in the amount of $100.An additional unrecognized net loss of $20 is reported by actuaries as of the end of 2011.
-
Refer to Exhibit 20-1.What amount of loss should be added to pension expense in 2012?

Question

Exhibit 20-1 Given the following information:
$\begin{array} { | l | l | l | l | } 
\hline & 2010 & 2011 & 2012 \
\hline \text { Projected benefit obligation } & \$ 600 & \$ 700 & \$ 1,200 \
\hline \text { Plan asset value } & 400 & 800 & 1,100\
\hline
\end{array}$ Average remaining service life = 5 years
An unrecognized net loss existed at the beginning of 2010 in the amount of $100.An additional unrecognized net loss of $20 is reported by actuaries as of the end of 2011.
- 
Refer to Exhibit 20-1.What amount of loss should be added to pension expense in 2012?

Quizplus · Accepted Answer

The Answer of Exhibit 20-1 Given the following information:
$\begin{array} { | l | l | l | l | } 
\hline & 2010 & 2011 & 2012 \
\hline \text { Projected benefit obligation } & \$ 600 & \$ 700 & \$ 1,200 \
\hline \text { Plan asset value } & 400 & 800 & 1,100\
\hline
\end{array}$ Average remaining service life = 5 years
An unrecognized net loss existed at the beginning of 2010 in the amount of $100.An additional unrecognized net loss of $20 is reported by actuaries as of the end of 2011.
- 
Refer to Exhibit 20-1.What amount of loss should be added to pension expense in 2012?

Exhibit 20-1 Given the Following Information Average Remaining Service Life = 5 Years an Unrecognized Net

Exhibit 20-1 Given the Following Information Average Remaining Service Life = 5 Years
an Unrecognized Net