What is the pension expense for the year ended December 31,2015?

A) $1,140,000
B) $1,065,000
C) $1,200,000
D) $1,137,000

Question

What is the pension expense for the year ended December 31,2015?A) $1,140,000B) $1,065,000C) $1,200,000D) $1,137,000

Jayla Perales · Accepted Answer

Final Answer : A, Explanation :  Pension expense ($1,140,000)= service cost ($1,125,000)+ interest cost($75,000)- expected return on plan assets($60,000)

What is the pension expense for the year ended December 31,2015?

A) $1,140,000
B) $1,065,000
C) $1,200,000
D) $1,137,000

Definitions

Learning Objectives

Learning Objectives

Related questions