Which statement below is false concerning the reporting for bond issues in the fund statements of a government?

a. Proceeds from bonds issued to finance capital projects are reported as other financing sources in the capital projects fund operating statement.

b. Payments of principal and interest on bonds issued by an enterprise fund are accounted for using a debt service fund.

c. Payments of principal on general obligation bonds are reported as expenditures in the debt service fund operating statement.

d. The principal of bonds issued to finance capital projects of an internal service fund is reported as a liability on the internal service fund's balance sheet.