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plz answer quickly Al Nawa LLC. has purchased 1,000 shares of Salt LLC. at a cost of OMR 2 per share. At the end of

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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 Cash will be debited OMR 200 and dividend will be credited OMR 200 Investment will be debited OMR 200 and cash will be credited OMR 200 Dividend will be debited OMR 200 and investment will be credited OMR 200 Dividend will be debited OMR 200 and net income will be credited OMR 200 Face value Tenure Question 10 Not yet answered Marked out of 1.00 Pflag question OMR 500,000 20 years Date of issue January 2010 Interest rate 5 % Interest is payable each year on June 30 and December 31. The company closes its books of accounts on December 31st every year. What is the correct journal entry for interest payment on 31st December 2010 Interest expense OMR 12,500 will be debited, Cash OMR 12,500 will be credited Cash OMR 12,500 will be debited, Interest OMR 4,000 will be credited Interest expense OMR 12,500 will be debited, Interest payable OMR 12,500 will be credited Cash OMR 12,500 will be debited, Interest payable OMR 12,500 will be credited Next pa

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