PLEASE HELP ME ASAP! I ONLY HAVE 30 MINUTES TO ANSWER THIS. THANK YOU.

In May 2020, Azim Sdn Bhd relocated an employee, Samir, from Azim Sdn Bhds head office to an office in another state. As at 30 June 2020, the end of Azim Sdn Bhds financial reporting period, the relocation costs were:

RM

Costs for shipping goods 3,000

Airfare 6,000

Temporary accommodation costs- May and June 8,000

Temporary accommodation costs - July and August 9,000

Reimbursement for lease break costs -paid in July, 2,000

lease was terminated in May

Reimbursement for additional cost-of-living 12,000

for the period 15 May 2020-15 May 2021

Required:

(i) Determine the amount of provision for relocation costs for financial year ended 30 June 2020. Assume that the effect of discounting is immaterial.

(ii) Prepare journal entry for the provision.