Brief Exercise 20-10 Nash Corp. has three defined benefit pension plan


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Brief Exercise 20-10 Nash Corp. has three defined benefit pension plans as follows. Pension Assets(at Fair Value) Projected Benefit Obligation Plan X $623,000

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Brief Exercise 20-10 Nash Corp. has three defined benefit pension plans as follows.

Pension Assets(at Fair Value) Projected Benefit Obligation

Plan X $623,000 $505,000

Plan Y 970,000 692,000

Plan Z 556,000 635,000

How will Nash report these multiple plans in its financial statements?

Pension Asset$

Pension Liability$

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