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Table 3-2 Brunson Corporation pension plan Info...

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Table 3-2 Brunson Corporation pension plan Information for current fiscal year Beginning balance of plan assests at market value $1,560,000 actual return on plan assets $ 210,000 employer's contribution $ 150,000 distribution to beneficiaries $ 75,000 service cost $ 125,000 interest cost $ 156,000 changes in benefits and assumptions $ 35,000 beginning balance of the PBO $1,580,000 What is the ending balance of plan assets? What is the ending balance of the PBO? Is the pension plan overfunded or underfunded and buy how much? Where will this overfunding or underfunding of the plan be disclosed?

 

Paper#11250 | Written in 18-Jul-2015

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