Discuss accounting treatment within the perspective of MFRS 9 for the following scenario: 1. Company A owns preference s

[answerhappygod]

Discuss accounting treatment within the perspective of
MFRS 9 for the following scenario:
1. Company A owns preference shares in Company B. The
preference shares entitle entity A to dividends, but not to any
voting rights.
2. ABC Sdn Bhd purchase goods from a XYZ Enterprise on 60 days’
credit.
3. In a lawsuit brought against an entity, a group of people are
collectively seeking compensation for damages to their health as a
result of contamination to the nearby land believed to be caused by
waste from that entity’s production process.
4. An entity has airplane as property plant and equipment, 2
buildings as investment property and acquired patents in its
statement of financial position.