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9:18 "That's it"
This video is amazing Sir. How will we account the Plan Asset affected by asset ceiling on succeeding years? Will we reverse the service cost ($4m) to asset and profit and loss or other comprehensive income?Edit: *and profit and loss or OCI
Bruh
@@tomato1057 This cost of 4m goes into equity through OCI and not reclassified to P&L.
9:18
"That's it"
This video is amazing Sir. How will we account the Plan Asset affected by asset ceiling on succeeding years? Will we reverse the service cost ($4m) to asset and profit and loss or other comprehensive income?
Edit: *and profit and loss or OCI
Bruh
@@tomato1057 This cost of 4m goes into equity through OCI and not reclassified to P&L.