During the year ending December 31, 2016, Beta Inc. has Net Income of OMR 300,000 and pays dividend of OMR 200,000. Identify the correct journal entry?

a.

Cash will be debited OMR 100,000 and Investment will be credited OMR 100,000

b.

Cash will be debited OMR 100,000 and Dividend will be credited OMR 100,000

c.

Cash will be debited OMR 200,000 and Investment will be credited OMR 200,000

d.

Cash will be debited OMR 200,000 and Dividend will be credited OMR 200,000