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A company sponsors two defined benefit pension plans. The following information relates to the plans at year end:
What amount(s) should the company report in its balance sheet related to the plans? A. Liability of $200,000; asset of $300,000. B. Asset of $100,000. C. Asset of $1,800,000; liability of $1,700,000. D. Liability of $100,000. |
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