The city has installed sidewalks using special assessment debt. Special assessments paid over the next 10 years will be used to retire the debt. If property owners fail to pay the assessments, the city is under no obligation to pay the assessments. Debt service related to the special assessment debt used to install the sidewalks should be recorded in what fund type?

A. Private -Purpose Trust Fund

B. Debt Service Fund

C. Custodial Fund

D. Capital Projects Fund

Accounting for Governmental & Nonprofit Entities e 18