At the reporting date, the plan of Tarvik SA shows a surplus of 2,340,000, already recognised as a net asset before any adjustment. The present value of the economic benefits available (asset ceiling) is 1,880,000 (case data). Post the entry that brings the net asset down to the ceiling.
- Plan surplus, already recognised as a net asset
- 2,340,000
- Asset ceiling (present value of the benefits available)
- 1,880,000