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Problem 1 On 1" of January, 2010 Al Habib International purchase 10,000 shares of Bank Muscat @ OMR 0.450 per share. The transaction cost paid to acquire the shares was OMR 225. Bank Muscat declared and paid a dividend of 20 %. The face value of the Bank Muscat shares is OMR 0.100. The investment is classified as held for trading. The fair value of the shares at the end of the year was OMR 0.390. After receiving the dividend, on 25 May 2011 Al Habib International sold all the shares for OMR 0.575. Required: Prepare journal entries in the books of Al Habib International