CASE V_
CASE V_
Question 1 Problem Solving. Compute the benefit expense for the period (Round off your answer to the nearest peso)
Correct
Question 2 Problem Solving. Determine the amount of remeasurement to be shown in the statement of comprehensive
Correct income for 2021. (Round off your answer to the nearest peso)
Mark 1.00 out of
1.00
Answer: 0
Question 3 Problem Solving. Compute the ending balance of projected benefit obligation. (Round off your answer to the
Correct nearest peso)
Mark 1.00 out of
1.00
Answer: 4,640,000
Question 4 Problem Solving. Compute the ending balance of fair value of plan assets. (Round off your answer to the nearest
Correct peso)
Mark 1.00 out of
1.00
Answer: 5,990,000
Question 5 Problem Solving. How much will be shown in the balance sheet under Prepaid Benefit Cost account? (Round off
Correct your answer to the nearest peso)
Mark 1.00 out of
1.00
Answer: 1,350,000
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