KS An OMR20,000, 3-month, 8% note payable was issued on November 1, 2019. What is the amount of interest expense recorded in the year 2020? Select one: a. OMR 133 O b. OMR 267 c. OMR 200 O d. OMR 800 2 On May 31, Ahmed retires from the partnership of The partner capital balances are Sauood, OMR 90,000; Ahmed, OMR 80,000; and Faisal, OMR 60,000. The profit and loss ratio has been 4:3:2 for Sauood, Ahmed, and Faisal., respectively. Assume that Ahmed receives OMR 71,000 What will be the effect on Faisal's capital? Select one: O a. Increase by 6,000 O b. Decrease by 6,000 O c. Decrease by 3,000 O d. Increase by 3,000