Flora City Is Accumulating Financial Resources That Are Legally Restricted

Flora City is accumulating financial resources that are legally restricted to payments of general long-term debt principal and interest maturing in future years.At year-end,$7,000,000 has been accumulated for principal payments,and $2,200,000 has been accumulated for interest payments.These restricted funds should be accounted for in the $\begin{array}{lll}& \underline {\text { General Fund }} & \underline {\text { Debt Service Fund }} \\a) & \$ 0 & \$ 9,200,000 \\b) & \$ 9,200,000 & \$ 0 \\c) &\$ 2,200,000 & \$ 7,000,000 \\d) &\$ 7,000,000 & \$ 0 \\\end{array}$

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