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Question 13 Not yet answered Marked out of 1 P Flag question Ascertain the amount of Tax Receivable to be reported under the General Fund

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Question 13 Not yet answered Marked out of 1 P Flag question Ascertain the amount of Tax Receivable to be reported under the General Fund in the Balance Sheet of Governmental Fund from the following transaction: "A City Administration OMR 500,000 property tax, of which it collected OMR 300,000 a. None of these O b. OMR 500,000 O c. OMR 300,000 O d. OMR 200,000 Question 26 Not yet answered Marked out of 1 P Flag question City government received a state grant of OMR 200,000 for the repairing and maintenance of the city roads. The City government entered into a contract of OMR 180,000 with a company for the repairing and maintenance of the city roads. The encumbrance required to be created for the commitment of the contract is: a. OMR 200,000 O b. OMR 180,000 O c. None of these d. OMR 20,000

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