could you please explain thoroughly how to solve it, I have a ready answers but dont know how they got it?

Question 6.1 Set out the treatment of events after the balahce sheet laid down by IAS 10, explaining why the treatment is necessary to ensure that financial statements are true and fair and give appropriate information to users, Question 6.2 X Plc identifies a provision (already risk-adjusted) for 500,000 at the year end 31 December 2016. The actual cash flow is expected to be paid in two years' time. The risk-free discount rate is identified as 5%. Show the provision and related entries in the accounts, 31 December 2016 to 31 December 2018