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Question 2 The following Defined Benefit Pension Data for the Yuan Zhang Corporation apply for...

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Question 2 The following Defined Benefit Pension Data for the Yuan Zhang Corporation apply for the Fiscal Year 2020 Beginning Defined Benefit Obligation 01/01/20 Plan Asset 01/01/20 On January 01, 2020 Past Service Cost were Granted Interest Rate/Discount Rate Current Service Cost Contributions on 31/21/20 Actual Return on Plan Asset Benefits Paid $ 8,400.000 8.420,000 200.000 10.0% 900.000 825,000 780 000 700,000 Actuarial Loss on Defined Post Retirement Benefit Obligation On December 31, 2020 150,000 Required 1 Compute (calculate) the Funded Status as at December 31st 2019 and the Net Defined Benefit Asset Liability 2 Compute (calculate the Funded Status as at January 1st 2020 3. Compute (calculate) the Funded Status as at December 31st 2020 and the Net Defined Benefit Asset Liability 4. Calculate the Pension Expense for the Yuan Zhang Corporation in 2020 under ASPE 5. Give the Employer's year end accounting entry to record the pension expense for the year December 31st 2020 under ASPE N 6. Calculate the Pension Expense for the Yuan Zhang Corporation in 2020 under IFRS 7. Give the Employer's year end accounting entry to record the pension expense for the year December 31st 2020 under IFRS Sample Fomat

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