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11. Sohar company purchased on January 1, 2019, as a held-for- collection investment, OMR 50,000 of the 7%, 5-year bonds of Nizwa, Inc. for OMR

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11. Sohar company purchased on January 1, 2019, as a held-for- collection investment, OMR 50,000 of the 7%, 5-year bonds of Nizwa, Inc. for OMR 65,000, which provides a 5% return. The bonds pay interest semiannually. Prepare Sohar's journal entries for (a). the purchase of the investment, and (b). the receipt of semiannual interest and premium amortization

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