lect the Dest answer.

A city's general fund has an outstanding payable to its electric utility, which is accounted for in an enterprise fund. The utility has a corresponding recelvable from the general fund. In the city's government$-$wide statement of net position, which would be correct?

a$.$ The payable and the corresponding receivable would be eliminated in the consolidation process and thus would not be reported.

b$.$ The payable may be aggregated with payables to an internal service fund and reported as "payables to proprietary funds."

c$.$ The payable should be reported in the governmental activities column and the receivable in the businesstype activities column.

d$.$ The payable and the receivable would each be reported in the "totals" column, but would not be reported in either the governmental activities column or the business$-$type activities column.