Maya Corp. reports the following information (in hundreds of thousands of dollars) to you about its defined

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Maya Corp. reports the following information (in hundreds of thousands of dollars) to you about its defined benefit pension plan for 2020: 

Actual return on plan assets $17 Interest cost $ 14 Benefits paid to retirees Contributions from employer 12 Opening balance, defined benefit obligation (DBO) 138 30 Cost of plan amendment in year 20 Opening balance, plan assets 150 Current service cost 32


Provide a continuity schedule for the DBO for the year. Maya follows IFRS.

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Related Book For  book-img-for-question

Intermediate Accounting Volume 2

ISBN: 9781119497042

12th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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