A city issues a 60-day tax anticipation note to fund operations. What recording should it make?

a. The liability should be reported in the government-wide financial statements; an other financing source should be shown in the fund financial statements.

b. A liability should be reported in the government-wide financial statements and in the fund financial statements.

c. Another financing source should be shown in the government-wide financial statements and in the fund financial statements.

d Another financing source should be shown in the government-wide financial statements; a liability is reported in I the fund financial statements.