Al Nawa LLC has purchased 1,000 shares of Salt Llc at a cost of OMR 2 per share. At the end of the year the fair value has been decreased to OMR 1.2 per share. Salt LLC has declared and paid dividend of OMR 0.2 per share, then the correct journal entry in the books of Al Nawa LLC. for receipt of dividend will be: Dividend will be debited OMR 200 and net income will be credited OMR 200 Investment will be debited OMR 200 and cash will be credited OMR 200 Cash will be debited OMR 200 and dividend will be credited OMR 200 Dividend will be debited OMR 200 and investment will be credited OMR 200 3 For the year 2015, the amortization schedule details are given below: Interest expenses is OMR 8,500 at of Principal payment is OMR 7,500 estion Opening balance is OMR 45,000 Find the value closing balance OMR 37,500 OMR 35,500 24 aved Which one the following is no OMR 29,000 ? Tax OMR 36,500 out of 27 Famous Enterprise has issued OMR 2,000,000, 6.5% bonds on January 1st 2005 for 25 years at OMR 102. The bonds were called on December 31st 2014 by the corporation. What is the amount for amortized premium in this case? ut of uestion OMR 24,000 OMR 16,000 OMR 20,000 28 MR 200