Globe truck company with a December 31 year end. On January 1, 2020, it purchased 2,300 shares of Johnson Company at a cost of RO 115 per share. The transaction costs incurred was RO 5,650 and classified as Held for trading. How would you record this acquisition as a journal entry in the books of Globe truck Company?

a.

Cash RO 264,500 Dr / Investment RO 264,500 Cr

b.

Investment RO 264,500 Dr / Cash RO 264,500 Cr

c.

Investment RO 264,500 Dr / Miscellaneous expense RO 5,650 Dr / Cash RO 270,150 Cr

d.

Cash RO 264,500 Dr / Miscellaneous expense RO 5,650 Dr / Investment RO 270,150 Cr

direct answer with out explean