please answer q7 only

GROUP PROUECT IFAR210 / IAN2023 b. Determine the value of the unsold products as at 31 December 2022 using ilem-by. item valuation. (5 marks) (Total: 8 marks) 4. Dasz Bhd produced the following ageing analysis of receivables as at 31December 2022: Dasz Bhd estimated its expected credit loss rase based on its historical credit loss experience and adjusted for forward-locking estimates. On 31 December 2022, one of the customer. MPrint Ent, a previous bad debt written off paid Dasz Bhd the outstanding amount of RMS0,000 by cheque. No recoed had been made for this transaction. Required: a. Briefly explain THREE (3) benefits of offering credit to customers. (3 marks) b. Compule the amount of impairment of trade receivables to be recognized in the Statement of Profit or Loss AND the not realizable of receivables to be disclosed in the Slatement of Financial Position as a4 31 December 2022 (show all workings) (7 marks) c. Determine the journal entry in the books of Dasz Bhd for the transaction in relation to MPrint Ent. on 31 December 2022 (2 marks) (Total: 12 marks) 5. 20% of the investment qualfied as short tem investments. 6. Directors also agreed to indude the following provision: L.Auditorsfeesii.RMS0,000DrectorsremunerationRM380.000 iii. Directors declare final dividends of 1% on the Ordinary share capial. The Directors also declare a final dividend on the 4% Redeemable Preference shares. 7. The 8% Debentures were issued on 1 January 2022 with a maturity date of five (5) years. 8. The current year tax is estimated at RM310,000. Considering the adjustments from No.1 - 8 and in compliance with Companies Act 2016. MFRS101 Presentation of Financial Statements and other relevant Malaysian Finaneial Reporting Standards: a. Prepare the Statement of Profit of Loss and Other Comprehensive Income for the year ended 31 December 2022. (28 marks) 4 GROUP PROUECT I FAR210 / JAN2023 b. Present the Statement of Changes in Equity for the year ended 31 December