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Defined benefit obligation – Kutchen (SBR-INT Specimen 1)

This topic has 1 reply, 2 voices, and was last updated 10 months ago by Stephen Widberg.

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August 28, 2021 at 5:45 pm #633280
gnoii
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Kutchen co (Q1 c)
Dear Sir,
The changes of pension scheme in location 1 and 2,
why not Cr. Profit or Loss, instead of Cr. Retained Earnings (location 1)
and why not Dr. Profit or Loss, instead of Dr. Retained Earnings (location 2)
Please enlighten me!
Thank you, Sir.
August 29, 2021 at 1:00 pm #633381
Stephen Widberg
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P&L is RE. They are explaining the adjustment from a balance sheet perspective.
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