Assume that a company had the following Expected and incurred losses on loans and advances for 2018 and 2019.

	2019	2018
Expected loss on loans and advances	15,000	12,000
incurred loss on loans and advances	5,000	4,000

Included in the impairment charge of K29, 047 for 2019 and impair relief of K16, 876 for 2018 is the impairment amount based on the application of IAS 39 and not IFRS 9.

a) Basing on IFRS 9 guidelines, explain how impairment charge should be recorded and show the adjusting journal entry if any

	Group	Bank
	2019	2019	2018
Profit attributed to equity holders	200,056	214,654	183,733
Weighted number of ordinary shares in issue (thousands)	1,443,750	1,443,750	1,443,750
Basic and diluted earnings per share (Kwacha)	0.139	0.149	0.127

b) Show the effect of the adjustment in (a) on the basic and diluted earnings per share 2018 and 2019, if Company's weighted average number of ordinary shares for 2018 and 2019 is 1,443,750. And the tax rate is 35 %.