question archive 280,000 Calculate the value of Edgerton's pension asset/liability at December 31,2018
280,000 Calculate the value of Edgerton's pension asset/liability at December 31,2018
Subject:AccountingPrice: Bought3
280,000
Calculate the value of Edgerton's pension asset/liability at December 31,2018.
I just subtracted the fair value $4,670,000 from the PBO of $4,840,000 and my answer is $170,000 Pension Liability. Could you tell me if I am correct or if I need to do something with the other two items listed above?
