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Melor Gardens Sdn. Bhd. provides rental services of its garden and facilities for weddings and...

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Accounting

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Melor Gardens Sdn. Bhd. provides rental services of its garden and facilities for weddings and other events. Its facilities consist of two event halls with surrounding gardens, one poolside garden with gazebos, one cooking hall, tables and chairs, dividers, flower stands, lamps and chandeliers and a bridal dais (pelamin). Melor Gardens also offers decorating services and event planning services for each event held. Additionally, Melor Gardens also provides catering services through four caterers who are registered as its panel caterers. For every event held, Melor Gardens charges its panel caterers an annual fee of RM3,000 and a service fee of 1% of the catering price. All enquiries and bookings with Melor Gardens are made online. Partial payment must be made in advance for confirmation of bookings. Cancellations made within 2 weeks will be refunded with a 20% cancellation fee. Required: For each of the elements outlined in the Financial Framework, list two examples which is related to Melor Gardens. (20 Marks)

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