Teal Co. had the following amounts related to its pension plan in 2020. Actuarial liability loss...

 

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Teal Co. had the following amounts related to its pension plan in 2020. Actuarial liability loss for 2020 Unexpected asset gain for 2020 Accumulated other comprehensive income (G/L) (beginning balance) (a) Determine for 2020 (a) Teal's other comprehensive income (loss) and (b) comprehensive income. Net income for 2020 is $27,100; no amortization of gain or loss is necessary in 2020. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) (b) Other comprehensive income (loss) $ Comprehensive income (loss) CA $ LA $30,400 17,200 13900 6,800 Cr. C F C F C C F C A Teal Co. had the following amounts related to its pension plan in 2020. Actuarial liability loss for 2020 Unexpected asset gain for 2020 Accumulated other comprehensive income (G/L) (beginning balance) (a) Determine for 2020 (a) Teal's other comprehensive income (loss) and (b) comprehensive income. Net income for 2020 is $27,100; no amortization of gain or loss is necessary in 2020. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) (b) Other comprehensive income (loss) $ Comprehensive income (loss) CA $ LA $30,400 17,200 13900 6,800 Cr. C F C F C C F C A

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a b Other Comprehensive Loss for 2020 is as follows Actu... View the full answer