The following information relates to the pension plan for the employees of Neal Co.: Neal estimates that
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Neal estimates that the average remaining service life is 16 years. Neal€™s contribution was $ 315,000 in year 5 and benefits paid were $ 235,000. T he amount of unrecognized net gain amortized in year 5 is:
a. $ 12,750
b. $ 12,500
c. $ 9,688
d. $ 8,314
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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