4. The following information is presented to you about the investments made by Maha group in various companies. A) An investment's value when purchased was RO 650,000. It is categorized as held for sale on 30 November 2019. On that date its fair value minus costs are expected at RO 600,000. The asset was sold for RO 605,000 on 20th December 2019. The year end of the corporation is 31 December 2019. a. How would you treat the held for sale and its consequent sale would be treated in the financial statements of the company in the year 2019? (2 marks) b. If it has a value of 550,000 on 30th November 2019. The answer would be different or the same? (2 marks) B) It also owns two financial investments in the shares of two listed companies. The details are given below: Investment in company A- Purchased shares on 1" June 2019 at a cost of RO 50,000 for trading. It's fair value at the end of the year is R060,000 Investment in company B- Bought investments at a cost of RO 25,000 to hold permanently. Its fair value on 31 December 2019 is RO 20,000 a. Show how these transactions will appear in the Financial Statements of the company? (2 marks C) An investment being classified as held for sale is currently valued under the revaluation model at RO 600,000. The present fair value is RO 700,000 and the projected costs for selling the investments are RO10,000. a. Show this transaction in the Financial statements. (2 marks) D) The Maha group investments include 100,000 shares of XYZ Itd on 30th September 2019 for RO 420,000 and spent RO 10,000 for completing the transaction. The investments were purchased for realizing the gains in the future. It is not held for trading investments. On 31" December 2019, the fair value of a share was RO 5.10 of XYZ Itd. a. Present the transactions in the financial statements of the company during the year ended 31" December 2019? (2 marks)