Question 4 Not yet answered Marked out of 0.50 Flag question ABC SAOG acquired land worth OMR 80,000 from CPD LLC and issued 70,000 equity shares of OMR1 as fully paid up. Which one of the following journal entry will be correct? O a. Debit Land OMR 70,000, Debit Share Premium OMR 10,000 Credit Share Capital OMR 80,000 O b. Debit Land OMR 80,000 Credit Share Capital OMR 80,000 Oc Debit Land OMR 80,000 Credit Share capital OMR 70,000 Credit Share premium OMR 10,000 O d. Debit Share capital 80,000, Credit Land OMR 70,000 Credit Share Premium OMR 10,000 Question 5 Not yet answered Marked out of 0.50 p Flag question XYZ Company has issued 100,000 ordinary shares. The par value of each share is 0.500baisa. Its profits after taxation for the year 2019 were OMR80,000. The directors have declared OMR 60,000 as ordinary dividend. The amount of ordinary dividend per share will be O a. 0.100 baisa O b. 0.200 baisa OC. 0.600 baisa O d. 0.500 baisa