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The Petron Company purchases 5,000 shares of Energy Company at a cost of OMR 0.100 per share. It also pays OMR 10 for transaction cost.

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The Petron Company purchases 5,000 shares of Energy Company at a cost of OMR 0.100 per share. It also pays OMR 10 for transaction cost. The investment was classified as Available for Sale. Transaction cost is added to the amount of investment. Petron's cash account will be recorded at what amount? O a OMR 510 O b. OMR 490 C. OMR 10 O d. OMR 500

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