Question: Accounting Please show me the full work and explain clearly as fast as possible.The second picture is the first part and the the first picture

Accounting Please show me the full work and explain clearly as fast as possible.The second picture is the first part and the the first picture is the second part. Like the table is supposed to be for part b of the question and this is the full question.

Accounting Please show me the full work and explain clearly as fastas possible.The second picture is the first part and the the first

QUESTION TWO Builder Bhd specialises in building high quality executive flats in city centres. On 1 March 2018 it sells a plot of building land to Bulat Bhd, an unconnected company, for RM1.5 million. Builder Bhd retains rights of access and supervision over the plot, the right to build on this land until 28 February 2021 and the right to buy the plot back again on that date for RM1.9 million. On 1 March 2018 the plot is valued at RM2.5 million. Requirement Explain how this sale transaction would be dealt with in Builder Bhd's financial statements for the year ended 28 February 2019. (25 marks) b) Semperit Bhd is a manufacturing business and incurred the following expenditure. To be included in the cost To be expensed as incurred of inventories Supplier's gross price for raw materials Quantity discounts allowed by supplier Purchase taxes and duties charged by supplier and recoverable from taxing authorities Continued...Costs of transporting materials to the business' premises Labour costs directly incurred in the processing of raw materials Variable costs, such as power, incurred in the processing of raw materials Fixed production costs/overheads, such as rent for the processing factory and depreciation charges on the plant used in the processing Costs of holding finished goods in inventory Costs of transporting goods to customer on sale Purchase taxes charged to customer on sale Commission payable to salesmen on sale of the goods Allowance for bad and doubtful debts in relation to trade receivables Costs of accounts department Head office costs relating to the overall management of the business Required: Select the appropriate accounting treatment for each cost item. (25 marks) End of paper

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