Accutron Company sponsors a defined-benefit pension plan.Portions of footnote 9 from the company's annual report appear below:
The company has qualified defined-benefit pension plans covering most full-time employees.the status of the plans was follows (amounts in thousands of dollars):

Required:
1.What was the Accutron's contribution to the pension fund for 2014?
2.What might have caused the change from an unrecognized net loss in 2013 to an unrecognized net gain in 2014?

Question

Accutron Company sponsors a defined-benefit pension plan.Portions of footnote 9 from the company's annual report appear below:
The company has qualified defined-benefit pension plans covering most full-time employees.the status of the plans was follows (amounts in thousands of dollars):
  
Required:
1.What was the Accutron's contribution to the pension fund for 2014?
2.What might have caused the change from an unrecognized net loss in 2013 to an unrecognized net gain in 2014?

Quizplus · Accepted Answer

The Answer of Accutron Company sponsors a defined-benefit pension plan.Portions of footnote 9 from the company's annual report appear below:
The company has qualified defined-benefit pension plans covering most full-time employees.the status of the plans was follows (amounts in thousands of dollars):
  
Required:
1.What was the Accutron's contribution to the pension fund for 2014?
2.What might have caused the change from an unrecognized net loss in 2013 to an unrecognized net gain in 2014?

Accutron Company Sponsors a Defined-Benefit Pension Plan