Nizwa Municipality follows fund accounting. The following transactions took place during the year 2019. 1. The city collects property taxes from its citizens amounting to RO 80,000. The city plans to use this for financing the general operating activities planned by Al Dakiliyah governorate.

You are required to state for each of the transactions above,: The fund in which Fund these transactions will be recorded Pass journal entries in each of the respective funds Briefly explain the Basis of accounting, the accounting treatment and the measurement focus of these transactions in the respective funds where these transactions are accounted.