D is corrent. Under modified accrual accounting, sales taxes are recorded when measurable and available. The amount due from the state is measurable (certain as to amount) and it will soon be available to finance year end liabilities which resulted from expenditures. Other firm commitments from the state or other governmental units for grants, etc. are also recorded.
A is incorrect because sales taxes collected by merchants are not accrued under modified accrual accounting. These taxes cannot be accrued until the state holds them for remittance to local governmental units. Note that for the government-wide statements, sales tax revenues are a derived tax revenue and would be accrued.
B is incorrect because parking meter revenues are not accrued. They are recorded as revenues when cash is received.
C is incorrect because it is likely that these taxes would not be measurable or available.
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