Which of the following government fund transactions use an accrual basis?

I. A government disposed of surplus public-school vehicles for 1 million and record the proceeds in the general fund.

II. A government unit collects tax on sweet beverages and the proceeds are used for managing a diabetic hospital.

III. A government unit providing printing services to other government units collected service charges of OMR 2 million from the general fund.

a-I and III only

b-III only

c-II and III only

d-I only