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Question 2 i.You found that the company has not fitted the smoke filters...

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Accounting

Question 2
i.You found that the company has not fitted the smoke filters to its factory in Shah Alam.
According to state legislation, an entity is required to fit smoke filters to its factory. It is
estimated that the cost to fit smoke filters is RM300,000. Discuss whether or not the
smoke filters be recognised in the company's account as at 30 June 2023. The financial
year end for the company is 30 June.
(7 marks)
ii.The Managing Director has proposed to the board of directors the share compensation
plans to employees. Provides five reasons to support the share compensation plans to
employees.
(5 marks)
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