If pension expense recognized in a period exceeds the current amount funded by the employer, what

 
   

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If pension expense recognized in a period exceeds the current amount funded by the employer, what kind of account arises, and how should it be reported in the finan- cial statements? If the reverse occurs—that is, current funding by the employer exceeds the amount recognized as pension expense—what kind of account arises, and how should it be reported?