can anyone answer this question, please? thankyou

MIIN] CASE 10, TOPIC: PROVISIONS AND CONTINGENT LIABILITIES B. Nebron Computer Bhd sells computers for RM2.500. which includes a 3 year warranty that requires company to perform periodic services andto replace defective parts. During 2018, Nebron sold 500 computers by cash. The company has estimated the QUESTION 1 A. Presented below are two independent cases: Case 1: Kijal Tunas Bhd is a company that produces and sells herbs-based supplement products. The company is the leading company in its business line and make reg ular promotion in media which make the company wellrknown. Its motto \"Satin? with our product, let the world brows. Unsatised with ourpmducr, let us know and we refimdyow' money \" is generally known by consumers. Case 2: Golden Bath is a new product ofHelsanl-ci Bhd. The company has nationally pro moting the product to the consumers. l-Ielsanki Bhd is operating in Country Y which does not put any legal obligation for a company to pay compensation on any return by consumers. In addition= Helsanki Bhd= which is in 1t5 3\"(1 year of operation, has not established a pattern of practice or published policies that show it will accept certain responsibilities on any products produce by the company. REQUIRED: Based on MFRS 137 Provisions, Contingent Liabilities and Contingent Assets explain the accounting treatment practices that should be taken in each ofthe cases in accordance to the him 137 Provisions, Contingent Liabilities and Contin gent Assets. Provide your justications. total 3 year warranty costs at RMSO (RMIOU for labour costs and RM150 for spare parts). Assume that all the computer sales occur on 31 December 2018. In 2019, the company incurred actual warranty expense in relative to the 2018 sales ofmlljol] for parts and RM13,750 for labour costs. REQUIRED: (a) Prepare the necessary journal entries for 2018 and 2019. (b) Determine the balance of warranty liabilities as at 31 December 2019. Show your calculations. QUESTION 2 A. Presented below are two independent cases: Case 1: XX-Blaze Bhd is a chemicallaboratory based company. The company decided not to buy any insurance on the company but, rather to self-insure in case of re loss. Obtarning opinion from the expert, the probability ofre loss was measured at a value ofml,200,000 (the occurrence of re loss is estimated once in every 15 years). The new account clerk. recognizes aprovision oleMBUUU each year. Case 2: Sonic HI) Bhd is a company produces television The company provides warran ties at the time of sale to its customers for its product. Under the warranty period, the company is responsible to make good of any its defective products either by repair or replacement within 3 years from the date of sale. Based on its experience, it is probable that there will be some warranties claims and the company made an allocation for warranty provisions. REQUIRED: Based on MFRS 137 Provisions, Contingent Liabilities and Contingent Assets comments whether the accounting treatment practices in both cases are in accord ance to the MIFRS. Provide your justications. Forever Clean (17V) is pursuing its annual plan to increase its sales. The company places one coupon in each bottle of4 kilograms detergent. 10 coupons need to be collected to redeem a premium of a bag. In 2019, FV purchases 50,000 bags at RM20.00 each and sells 500,000 bottles of4 kilograms detergent. The 4 kilograms detergent is sold at a price ofRMZSDD each. Based on its experience, FV estimates that 45% of the coupons issued will be mailed back for redemption. During that year, 135,000 coupons are presented for redemption. REQUIRED: Prepare the journal entries that should be recorded in 2019. (Show your calcula tions) En-:| of CI-JCLIInEnt I MINI CASE 9, EQUITY QUESTION 1 (a) Prepare journal entries to record the above transactions. (b) Prepare the Statement of Changes in Equity for Bina Land Bhd for the year ended 31 Bina Land Bhd has the following equity balances at 31 December 2018. December 2019 in accordance with the requirements of MFRS 101 Presentation of Financial Statements. RM'000 Share Capital - Ordinary, 22,000,000 shares outstanding 47,300 Retained Earnings 283,800 (c) The board of directors of Bina Land Bhd has decided to repurchase the issued Exchange Translation Reserve 5,350 shares. The company has surplus cash and intends to distribute to shareholders. The repurchased shares will not be reissued in the future. Propose and briefly ex- plain the appropriate accounting method to record the share repurchase. During 2019, the following transactions occurred: Date Transactions 20 March Issued 1 million shares at a price of RM2.20 per share. The transaction cost related to the issuance of shares was RM0.15 per share. 30 September Declared a 2% share dividend to existing shareholders. The share dividend was distributed on the same date. The market price of share was RM2.40. 31 December Declared a cash dividend of RM0.50 per share on outstanding shares. Additional information: 1. Profit for the year 2019 was RM12,000,000. 2. Exchange translation loss recognized during the year 2019 was RM70,000. Required: (Round all figures to TWO (2) decimal points)REQUIRED: QUESTION 2 (a) Prepare journal entries to record the above transactions. A. Musqim Bhd has the following equity account balances at 31 December 2018 (b) Prepare the Statement of Changes in Equity for Musqim Bhd for the year Account RM ended 31 December 2019 in accordance with the requirements of MFRS 101 Share capital - Ordinary 50,000,000 shares outstanding 50,000,000 Presentation of Financial Statements. Retained earnings 14,400,000 Revaluation reserve - Properties 2,500,000 Translation reserve - Foreign operations 1,550,000 B. Farnur Bhd has an outstanding 4,500,000 units of ordinary share at the beginning of the year 2019. On 1 July 2019, the company had declared a 6% share dividends The following transactions relate to the company for the year ended 2019. and were distributed to the shareholders at the same day. The market price of the share during the declaration date was RM2.50. Date Transactions 2 January The company issued 1, 250,000 ordinary shares at a price of RM1.50 REQUIRED: (Round all figures to TWO (2) decimal points) per share Prepare journal entries to record the above transactions. Show your calculations. 30 June Purchased land by issuing 500,000 units of ordinary share. The market value of the ordinary share was RM1. 10 per share on the day of acquisition. End of document 30 December Cash dividend of RM0.25 per share on outstanding shares was declared by the board of directors. Additional information: 1 . Profit for the year 2019 was RM12,000,000. 2. The gain on the translation of foreign operations for the year 2019 amounted to RM350,000. 3. For the year end 2019, few of the company's properties were revalued which resulted in a gain of RM345,000