9. On 5 August 2019, it was found that a van purchased in the name of Laguna Bhd was not included in the company's assets list. The vehicle was purchased on 1 May 2018 for RM60,000 and it was paid in cash by the Chief Executive Officer of Laguna Bhd. The company adopts cost model for its motor vehicles. Depreciation of motor vehicles is to be calculated over its estimated useful life of 5 years on straight line method and to be charged as selling and distribution expenses on yearly basis.

10. On 29 June 2019, the company declared a final ordinary dividend of RM12 million in respects of financial year ended 30 June 2019. No payment and no records are made to account for the transaction.

v. Refer to additional information (9), identify the applicable accounting standards i.e. MFRS 108 and MFRS 110 for the transaction and explain the appropriate accounting treatments to record the transactions.

vi. Refer to additional information (10), explain the appropriate accounting treatment i.e. MFRS 110 if the company declares the ordinary final dividend on 15 July 2019.