Which one of the following preference share can be converted in to equity shares Convertible preference share Participative preference share Cumulative preference share Callable preference share During the year ending December 31, 2018, Company A has Net Income of OMR 80,000 and pays dividend of OMR 20,000 to Company B. Identify the correct journal entry in the books of company B for receipt of dividend? son Gain net income will be debited OMR 20,000 and Investment will be credited OMR 20,000 Cash will be debited OMR 20,000 and Dividend will be credited OMR 20,000 Cash will be debited OMR 80,000 and Investment will be credited OMR 80,000 Cash will be debited OMR 60,000 and Dividend will be credited OMR 60,000 Which one of the following transactions would not represent the cash inflows for the business? on Sold car for cash OMR 200 Goods sold for OMR 200 Dividend paid OMR 500 Sold machine for OMR 10,000 Naut