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QUESTION 4 (10 MARKS Wanasan Indera, a developer company situated in Petaling Jaya. Company has some cases to be con dered in releas to MRS
QUESTION 4 (10 MARKS Wanasan Indera, a developer company situated in Petaling Jaya. Company has some cases to be con dered in releas to MRS 124 Related Party Diadouro Below is the cases during year andre 31 December 2001 Wawan Inders the sold good tameren of05% lower than the market to its subsidiary Viver Wawasan Indara Bhd invested in Hinde end where Wawasan indera Bhd has significant Influence but not controlling Interest Honerer, there were no transactions between the two entities in 2001 H. The son of Wawasan Indara Bhd's CEO has been the CEO of Anete Bar and since 2010. a normal practice for senior staff movement between the two oncales. In 2021, the board of director of Wewaren indero Bhd approved the temporary secondment of its CFO to Aneke Beru Bhd. However, Anak Baru Bhd la oras.buldiary of Wwwsen Indered Three of the top management of Wawasan Indera hd are so the top three management of solet Brd Wawasan Indera Bhd sold goodstochor Indah Bhd, on a credit bars prevaline market terms Recuired: Expain and disows how the above cases should be worted ifanyi Intha Marcal statements of Wawasan Indera Bhd [10 marks) QUESTION 4 (10 MARKS Wanasan Indera, a developer company situated in Petaling Jaya. Company has some cases to be con dered in releas to MRS 124 Related Party Diadouro Below is the cases during year andre 31 December 2001 Wawan Inders the sold good tameren of05% lower than the market to its subsidiary Viver Wawasan Indara Bhd invested in Hinde end where Wawasan indera Bhd has significant Influence but not controlling Interest Honerer, there were no transactions between the two entities in 2001 H. The son of Wawasan Indara Bhd's CEO has been the CEO of Anete Bar and since 2010. a normal practice for senior staff movement between the two oncales. In 2021, the board of director of Wewaren indero Bhd approved the temporary secondment of its CFO to Aneke Beru Bhd. However, Anak Baru Bhd la oras.buldiary of Wwwsen Indered Three of the top management of Wawasan Indera hd are so the top three management of solet Brd Wawasan Indera Bhd sold goodstochor Indah Bhd, on a credit bars prevaline market terms Recuired: Expain and disows how the above cases should be worted ifanyi Intha Marcal statements of Wawasan Indera Bhd [10 marks)
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