Presented Below Is Information Related To Jensen Inc Pension Plan For 2018 (1)

Presented below is information related to Jensen Inc. pension plan for 2018.

Service cost                                                                           $1,360,000

Actual return on plan assets                                                       280,000

Interest on projected benefit obligation                                       520,000

Amortization of net loss                                                               120,000

Amortization of prior service cost due to increase in benefits     220,000

Expected return on plan assets                                                  240,000

What amount should be reported for pension expense in 2018?

Posted in Uncategorized

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount