1. Oak Township issued the following bonds during the year: Bonds to acquire equipment for...

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Accounting

1. Oak Township issued the following bonds during the year: Bonds to acquire equipment for a vehicle repair service that is accounted for in an internal service fund Bonds to construct a new city hall Bond to improve its water utility, which is accounted for in an enterprise fund The amount of debt to be reported in the general fund is

a. $0

b. $3,000,000

c. $8,000,000

d. $20,000,000

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