Do corporations report the projected benefit obligation and the plan assets as individual accounts on the sponsor$$ corporation's balance$$ sheet?

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Part $1$

A$.$

The PBO and the Plan Assets at Fair Value will appear as separate accounts on the financial statements of the sponsor corporation as well as the pension plan.

B$.$

The PBO and the Plan Assets at Fair Value will appear on the financial statements of both the sponsor corporation and the pension plan in a single$$ amount, as the ending balance of the net pension asset or obligation.

C$.$

The PBO and the Plan Assets at Fair Value will only appear as separate accounts on the financial statements of the pension plan. The financial statements of the sponsor corporation will reflect these two accounts in a single$$ amount, as the ending balance of the net pension asset or obligation.

D$.$

The PBO and the Plan Assets at Fair Value will only appear as separate accounts on the financial statements of the sponsor corporation. The financial statements of the pension plan will reflect these two accounts in a single$$ amount, as the ending balance of the net pension asset or obligation.