The following information is related to the defined benefit pension plan of Xavier Company for 2012:
Required:
1.Using the above information calculate pension expense for 2012?
2.Will it be necessary for the company to report a minimum pension liability at Dec.31,2012? If so what is the amount.

Question

The following information is related to the defined benefit pension plan of Xavier Company for 2012:
  Required:
1.Using the above information calculate pension expense for 2012?
2.Will it be necessary for the company to report a minimum pension liability at Dec.31,2012? If so what is the amount.

Quizplus · Accepted Answer

The Answer of The following information is related to the defined benefit pension plan of Xavier Company for 2012:
  Required:
1.Using the above information calculate pension expense for 2012?
2.Will it be necessary for the company to report a minimum pension liability at Dec.31,2012? If so what is the amount.

The Following Information Is Related to the Defined Benefit Pension