What if..... - Pension Q 4000, addition, service, assets, equity

mkytz15

Funded status ￡50
Unrecognised prior service cost ￡4000
Net pension asset = ￡4050

Now say you have to adjst for US GAAP

So this would result in:
￡4050 reduction from assets
￡4050 addition to liabilities
￡4000 reduction in equity

Right?