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Honest Pte Ltd (HPL), whose financial year end is 31 December, regularly discards its old accounting records. After its last purging exercise, HPL kept accounting

Honest Pte Ltd (HPL), whose financial year end is 31 December, regularly discards its old accounting records. After its last purging exercise, HPL kept accounting records from the financial year ended 31 December 2018 onwards.

What is the earliest financial year for which Honest Pte Ltd must retain accounting records as at 1 January 2024?

(a)Year ended 31 December 2016

(b)Year ended 31 December 2017

(c)Year ended 31 December 2018

(d)Year ended 31 December 2019

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