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How defined benefit, defined contribution, and postretirement benefit plans are reported on financial statements?

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Accounting

How defined benefit, defined contribution, and postretirementbenefit plans are reported on financial statements?

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Defined benefit plans reported on financial statement Under a definedbenefit plan a company reports either a net pension asset or a net pension liability Conversely a companys balance sheet will reflect a net pension liability if the present value of the estimated pension obligation is higher than the fair value of the pension funds assets Companies must recognize on their balance    See Answer
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