How nash report multiple plans in financial statements


Question: Nash Corp. has three defined benefit pension plans as follows.

Pension Assets (at Fair Value)

Projected Benefit Obligation

Plan X $623,000

$505,000

Plan Y 970,000

692,000

Plan Z 556,000

635,000

Required: How will Nash report these multiple plans in its financial statements?

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Accounting Basics: How nash report multiple plans in financial statements
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