Presented below is pension information for Green Company for the year 2015: $$\begin{array} { l r }
\text { Expected return on plan assets } & \$ 24,000 \
\text { Interest on vested benefits } & 15,000 \
\text { Service cost } & 50,000 \
\text { Interest on projected benefit obligation } & 21,000 \
\text { Amortization of prior service cost due to increase in benefits } & 18,000
\end{array}$$ The amount of pension expense to be reported for 2015 is

Question

Presented below is pension information for Green Company for the year 2015: $$\begin{array} { l r } 
\text { Expected return on plan assets } & \$ 24,000 \
\text { Interest on vested benefits } & 15,000 \
\text { Service cost } & 50,000 \
\text { Interest on projected benefit obligation } & 21,000 \
\text { Amortization of prior service cost due to increase in benefits } & 18,000
\end{array}$$ The amount of pension expense to be reported for 2015 is

Quizplus · Accepted Answer

The Answer of Presented below is pension information for Green Company for the year 2015: $$\begin{array} { l r } 
\text { Expected return on plan assets } & \$ 24,000 \
\text { Interest on vested benefits } & 15,000 \
\text { Service cost } & 50,000 \
\text { Interest on projected benefit obligation } & 21,000 \
\text { Amortization of prior service cost due to increase in benefits } & 18,000
\end{array}$$ The amount of pension expense to be reported for 2015 is

Presented Below Is Pension Information for Green Company for the Year