Sir in defined benifit plan accounting .. While recording remeasurement in statemnt of other comprehensive income .. Why we eliminate benifits paid in from both the assets and liabilities ? Other things for instance contribution interests costs are not eliminated .. Please explain the reason ?
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SBREmployee benifit ..
When you pay out of employee benefit pension, you are using assets to pay the employee - so assets reduce (CR) and because you have paid the employee some benefit your liability to provide pensions has also reduced (CR), overall effect on pension is nil
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