Rafle Company purchased 100% of the outstanding voting shares of Duo Company at the beginning of 2016 for OMR 800,000. At the time of purchase, net loss OMR 60,000. What is the journal entry of Equity loss? Select one: O a. 60,000 Equity Loss Dr Investment in Co., Cr O b. None of the other Points 60,000 O c. 800.000 Equity Loss Dr Investment in Co., Cr 800,000 O d. Equity Loss Dr Investment in Co., Cr 40,000 40,000