4 of Dubai City has established an agency fund to account for employees share of health insurance, which is deducted from the employees monthly salary and then forwarded to the insurance company on a quarterly basis. For this purpose, a total of OMR 14,000 was deducted from the employees salary, and OMR 10,000 was paid to the insurance company in 2019. The remaining OMR 4,000 will be paid to the insurance company in the first quarter of 2020. Considering the above information of Dubai city agency fund, the appropriate journal entry to record paid liability to the insurance company for employees' share of insurance cost: stion Dr. Due to insurance company OMR 14,000 and Cr Cash OMR 14,000 Dr. Due to insurance company OMR 10,000 and Cr Accounts payable OMR 10,000 Dr. Due to insurance company OMR 10,000 and Cr: Cash OMR 10,000 Dr. Due to insurance company OMR 10,000 and Cr Accounts payable OMR 10,000 Which one of the following statements is incorrect with reference to encumbrances accounting? 5 of stion In the year 2018, a government unit operates landfill under enterprise fund. It estimates that the total capacity will be 4,800,000 cubic feet that the site will be used for 25 years and that total closure costs will be OMR 6,000,000. During the Year 2019, the government uses 120,000 cubic feet of the landfill. At year-end, it estimates that the total capacity will be 4,500,000 cubic feet but that closure-related costs will now be OMR 7.200,000. The fund already recognized OMR 12,500 in the year 2018. Calculate the required addition to the liability for the year 2019. OMR 192,000 None of them OMR 179,500 OMR 167,500 Find the cash balance to be stated in the asset section of the balance sheet for the county under special revenue fund after