20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

past service cost

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 24, 2023 at 8:57 pm #684968
humai
Participant
- Topics: 757
- Replies: 248
Sir for positive past service cost the accounting entry is Dr PNL and Cr DBO? or is it Dr DBO and Cr PNL?
May 25, 2023 at 6:51 am #684977
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3396
Don’t know what you mean by ‘positive’.
Extra expense = DR P&L CR DBO
Less expense = DR DBO CR P&L
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.