Explain the appropriate accounting treatment for each of the above items in accordance to the Malaysian Financial Reporting Standards (MFRS), for the year ended 31 December 2021.

TASK 1: Cempaka Berhad is a company that carries out a diverse range of activities. It is proud of its reputation as a 'caring' organisation and has adopted various ethical policies towards its employees and the wider community in which it operates. As part of its annual financial statements, the company publishes details of its environmental policies, which include setting performance targets for activities such as recycling, controlling emissions of noxious substances and limiting use of non-renewable resources. The finance director is reviewing the accounting treatment of various items prior to finalising the financial statements for the year ended 31 December 2021. All items are material in the context of the financial statements as a whole. The financial statements are due to be approved by the directors on 31 March 2022. (c) On 15 November 2021, the board of Cempaka Bhd decided to close down a large factory in Pulau Melati. On 23 December 2021, a detailed plan for closing down the factory was prepared by the board and announcements were made to employees concerning redundancies. In addition, letters were sent to customers advising them of the proposal and recommending alternative suppliers. The accountant proposed to make a provision for the restructuring costs amounted to RM90 million as at 31 December 2021. Details of the restructuring costs were as follows: (d) One of Cempaka Bhd's division is to sell domestic appliances such as washing machines. During the year 2021, Cempaka Bhd decides to start selling washing machines with a warranty. Under the terms of the warranty, Cempaka Bhd will repair washing machines at no charge to the customer if they break within the warranty period. The entity estimates, based on past-correspondence with customers, that 20% of the washing machines sold will require repair within the warranty period at an average cost to Cempaka of RM150 per machine. Cempaka Bhd sold 2,000 washing machines for the year ended 31 December 2021. (6 marks) (e) An ex-director of Cempaka Bhd has commenced an action against the company claiming substantial damages for wrongful dismissal. The company's solicitors have advised that the ex-director is unlikely to succeed with his claim, although the chance of Cempaka Bhd paying any monies to the ex-director is not remote. The solicitors' estimates of the company's potential liabilities are