Revision Question 2 DST Bhd decides to adventure into poultry farming in 2015 with financial year ending in December. DST Bhd engaged Mr Kevin to be the accountant for the company to prepare the financial statements as per Malaysian financial reporting requirement. On 30 May 2015, the company purchased 10,000 chickens at the cost of RM95,000. As at 31 December 2015, the fair value of the chicken is estimated to be RM101,100 and the cost of sell are estimated to be RM1,000. Required: Discuss the accounting treatment for the transaction above. Revision Questi