At December 31, 2011, Glover Corporation has the following balances: Accrued benefit obligation…

At December 31, 2011, Glover Corporation has the following balances: Accrued benefit obligation ………. $3,400,000 Plan assets at fair value ………. 2,420,000 Unrecognized past service cost ……. 990,000 Determine the account and its balances that should be reported on Glover Corporation’s December 31, 2011 balance sheet if it is using the deferral and amortization approach.

 

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