Question 2 Aprina Bhd made a loan of RM12,000 to its customer on 1 May 2019....

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Question 2 Aprina Bhd made a loan of RM12,000 to its customer on 1 May 2019. The loan has four years to run with a coupon rate of 3%. The loan runs as expected for the first two years, but at the end of the second year at 30 April 2021, just as the second interest payment is received, Aprina Bhd receives information that the customer is going through a financial reorganisation. Further investigation reveals that the customer is unlikely to pay any further interest instalments and is estimated to pay only RM5,000 of the nominal value of the loan on maturity. Total 12-month expected credit losses recognised as at 30 April 2021 were RM550. The original effective interest of the loan is 8% p.a. and the effective interest rate after reorganisation is 8.7% p.a. Required: Discuss how should the loan be measured in the books of Aprina Bhd and calculate the amount that will be reflected as financial asset on the maturity of this loan on 30 April 2023. Question 2 Aprina Bhd made a loan of RM12,000 to its customer on 1 May 2019. The loan has four years to run with a coupon rate of 3%. The loan runs as expected for the first two years, but at the end of the second year at 30 April 2021, just as the second interest payment is received, Aprina Bhd receives information that the customer is going through a financial reorganisation. Further investigation reveals that the customer is unlikely to pay any further interest instalments and is estimated to pay only RM5,000 of the nominal value of the loan on maturity. Total 12-month expected credit losses recognised as at 30 April 2021 were RM550. The original effective interest of the loan is 8% p.a. and the effective interest rate after reorganisation is 8.7% p.a. Required: Discuss how should the loan be measured in the books of Aprina Bhd and calculate the amount that will be reflected as financial asset on the maturity of this loan on 30 April 2023.