pls ans qn 1, 2 and 3.. asap.. thks so much

Tutorial 3 Page 1 of : Question 1 On 1 January 2017, Solid Fund Lid buys E1,000,000 of 5.0% loan stock for $989,300. Interest will be received on 31 December each year and the stock will be redeemed at 110 on 31 December 2021. After the initial recognition, the loan stock is to be measured at the amortised cost using an effective interest rate of 7.0%% per annum. Required: Calculate the amount at which the loan stock should be measured on 31 December 2017, 2018, 2019, 2020 and 2021. Question 2 In April 2018, Aplus pic purchased 50,000 1.00 listed equity shares at a price of $3.500 per share. Transactions costs were $2,500. At 31 December 2018, these shares were trading at E4.20 per share. A dividend of 10.06 per share was received on 30 September 2019. Aplus pic also has an investment in a three year bond which was purchased two years ago. At 31 December 2018, the bond was valued at an amortised cost of $450,000 with a stated and effective interest rate of 7%% (current market rates are 10%). This bond will be maturing on 31 December 2019 and Aplus pic is expecting to receive only 50% the principal but not the interest for the last year. Required (a) Define financial instruments, financial assets and financial liabilities. (b) Explain how these are accounted for under the current accounting standards. (c) show the figures relating to this investment to be included in Aplus plc's financial statements at 31 December 2018 on the basis that: (1) The shares were bought for trading The shares were bought as a source of dividend income and at their acquisition an irrevocable election was made to recognise them at fair value through other comprehensive income (d) Calculate the impairment that need to be made to the investment in the three year bond. Question 3 Messin pic prepares financial statements to 31 December each year. During the year ended 31 December 2018, Messin plc entered into the following transactions: On 1 November 2018, Messin pic sold a machine to a customer. Messin pic also agreed to service the machine for a three-year period from 1 November 2018 for no additional charge. The total amount payable by the customer for this arrangement was agreed to be: . E255,000, if customer paid by 31 December 2018. Tutorial 3 Page 2 of 3 E260,000, if customer paid by 31 January 2019. $265,000, if customer paid by 28 February 2019. The directors of Messin pic consider that it is highly probable the customer will pay for the products in January 2019. The stand-alone selling price of the machine was $210,000 and Messin plic would normally expect to receive $70,000 in consideration for providing three years' servicing of the machine. The alternative amounts receivable are to be treated as variable consideration. Required: Explain and show how both these transactions would be reported in the financial statements of Messin pic for the year ended 31 December 2018