At January 1, 2016, Trevor Company had plan assets of €215,000 and a defined benefit obligation of the same amount.During 2016, service cost was €22,500, the discount rate was 10% actual and expected return on plan assets were €26,000, contributions were €20,000, and benefits paid were €19,500.Based on this information what would be the Defined benefit obligation for Trevor Company for 2016?

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The Answer of At January 1, 2016, Trevor Company had plan assets of €215,000 and a defined benefit obligation of the same amount.During 2016, service cost was €22,500, the discount rate was 10% actual and expected return on plan assets were €26,000, contributions were €20,000, and benefits paid were €19,500.Based on this information what would be the Defined benefit obligation for Trevor Company for 2016?

At January 1, 2016, Trevor Company Had Plan Assets of €215,000