Projected benefit obligation 5,500,000 Unrecognized actuarial gain 850,000 The transactions for the current year relating to the defined benefit plan are as follows: Current service cost 925,000 Discount rate 6% Actual return on plan assets 485,000 Contribution to the plan 1,350,000 Benefits paid to retirees 495,000 Increase in projected benefit obligation due to changes in actuarial assumptions 150,000 Effective in the current year, the entity has applied the provisions of revised PAS 19 in relation to the defined benefit plan. REQUIRED: 17. Compute the remeasurement related to the defined benefit plan.
Projected benefit obligation 5,500,000 Unrecognized actuarial gain 850,000 The transactions for the current year relating to the defined benefit plan are as follows: Current service cost 925,000 Discount rate 6% Actual return on plan assets 485,000 Contribution to the plan 1,350,000 Benefits paid to retirees 495,000 Increase in projected benefit obligation due to changes in actuarial assumptions 150,000 Effective in the current year, the entity has applied the provisions of revised PAS 19 in relation to the defined benefit plan. REQUIRED: 17. Compute the remeasurement related to the defined benefit plan.
Chapter1: Financial Statements And Business Decisions
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