b) Discuss the accounting treatment for each of independent events and transactions: On 1 April 2017, Mr. Annuar deposited RM10,000 in a Maybank fixed deposit account. The interest rate was 10% per annum payable on 31 March 2018. Required: How much revenue can Mr. Annuar recognise as interest income on 31 Decemos 2017 based on a time basis? (Show calculations) (CLO1:PLO3:C2)(4 marks) On 1 January 2017, Mr. Faris purchases RM400.000, 2% government bonds that will be repaid at a premium of 25% on redemption. The current market interest rate is 8%. Required: How much interest income should Mr. Faris recognise in 2017 and in 2018 based on a time basis? (Show calculations) (CLO1:PLO3:C2)(6 marks) iii. Mariah Carmen, a singer, has a cut a new compact disc with a recording company. Royalty payable to her is RM10 for every compact disc sold. A total of 500,000 units has been produced but only 200,000 units have been sold. Required: Calculate the royalty income that Mariah Carmen will receive based on accrual basis (Show calculations) (CLOL:PLO3:C2)(2 marks) Maimunah holds 100,000 ordinary shares in Raina Bhd. at the annual general meeting held on 5 May 2018. Dividend proposed for the year of 2016 is 10%. Required: When can Maimunah recognise her dividend income based on the shareholder's right to receive payment? (CLO1:PLO3:C2)