a) Plus Electrician Sdn Bhd (PE) provides electrical installations and maintenance services, while Azman and Azlan Consulting (AAC) is a business consulting company. Both companies purchased a similar tool which is glue pen SPP40 at cost of RM300 respectively. PE uses the glue gun to provide wiring works services to customers. AAC uses the glue gun to repair the wiring of one of its equipment. AAC did not seek external repairing services due to the high cost of doing so. PE has capitalised the glue gun in the statement of financial position as an equipment, but AAC charged the purchase as operating expense in the statement of profit or loss. Required: Discuss the difference in accounting treatments in the above case with reference to the Conceptual Framework for Financial Reporting and MFRS 116 Property, Plant and Equipment