How should carson determine the interest cost component


Carson Company sponsors a single-employer defined benefit pension plan. The plan provides that pension benefits are determined by age, years of service and compensation. Among the components that should be included in the net pension cost recognized for a period are service cost, interest cost, and actual return on plan assets. How should Carson determine the interest cost component of the net pension cost?

 

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Accounting Basics: How should carson determine the interest cost component
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