A municipality charged OMR 8.5 million of general property taxes out of which it actually collected OMR 5.1 million. Identify the appropriate fund to account for this transaction and identify the appropriate journal entry for this situation from the following

a-In special revenue fund - Dr: Cash 8.5 million and Cr: Property tax receivable 3.4 million Cr: Property tax 5.1 million

b-In general fund - Dr: Cash 5.1 million, Dr: Property tax receivable 3.4 million and Cr: Property tax revenue 8.5 million

c-In general fund - Dr: Cash 8.5 million and Cr: Property tax receivable 3.4 million Cr: Property tax revenue 5.1 million

d-In capital project fund - Dr: Cash 5.1 million, Dr: Property tax receivable 3.4 million and Cr: Property tax revenue 8.5 million

2-

Identify the most appropriate objective to operate hospitals by government units based on enterprise fund.

a-To provide subsidized service

b-To provide complementary service

c-To have control over service

d-To generate revenue as substitute of tax