The balance sheet date of BumBum Berhad is 31 December 2020 and the Board of Directors meeting (BOD) is 25 March 2021. Identify with reason each of the following situations whether the event is adjusting or non-adjusting. (a) (b) The goods inventory costing RM100,000 was written down to a Net Realisable Value (NRV) of RM97,500 at the balance sheet date. After the balance sheet date, it was sold for RM96,000. (10) On the other hand, the goods inventory costing RM200,000 was written down to NRV of RM197,000 at the balance sheet date. After the balance sheet date, the inventory was spoiled and sold for only RM10,000 as scrap.