Top Bank Limited (TBL) is a well-established global bank with significant business presence in the AsiaPacific region. Due to Covid-19 and the global economic recession, TBL had to take active steps to assist its customers and also to ensure its continued financial viability. TBLs financial year-end date is 31 December, and the following events occurred during 2020. During the current year (2020) (a) On 1 April 2020 ,TBL announced a temporary loan repayment plan called the Mortgage Principal Moratorium in which TBL customers facing financial difficulties in repaying their loans can apply to repay the monthly interests as they fall due, and not have to repay the principal portion of the loan for a period of 6-months or 12-months.

(b) On 4 May 2020, TBL decided to relocate their back office support staff from Central to Quarry Bay and Kwun Tong. (c) On 10 June 2020, the Inland Revenue Department announced that the deadline for submitting the tax returns for the tax year 2019/20 will be extended from 15 August 2020 to 30 September 2020. (d) On 3 July 2020, due to malfunction of many Automatic Teller Machines (ATM) at various branches, TBL had decided not to replace them, and instead, would enter into a 5-year agreement to lease a new line of ATMs from the ATM supplier. (e) On 28 August 2020, after a thorough review of TBLs loan portfolio, it was concluded that 30% of the loans will not be recoverable (cannot be repaid). (f) On 30 September 2020, TBL announced that due to the difficult economic environment, a restructuring plan will be implemented immediately in which 20% of TBL staff will be made redundant. (g) On 5 October 2020, the tenancy for the Central office previously occupied by the back office staff expired. No damages were found, and the unit was handed back to the landlord on the same day. (h) On 5 November 2020, the US Federal Reserves announced that they will continue to maintain the short-term borrowing rates at the low range of 0% to 0.25%. Required For each of the above events (a) to (h), explain which item(s) on TBLs financial statements for the year ended 31 December 2020 would be affected (including how they would be affected).