The City of Thomasville Had the Following Debt Outstanding

Multiple Choice

The City of Thomasville had the following debt outstanding:
General obligation bonds to be paid from a debt service fund $3,900,000
General obligation bonds to be paid from utility revenues $3,100,000
Revenue bonds to be paid from utility revenues $2,400,000
The amount that should be shown as debt in the utility (enterprise) fund would be:

A) $2,400,000.
B) $3,100,000.
C) $5,500,000.
D) $9,400.000