Final answer:
The amount to be shown as a transfer in the governmental activities column is $600,000, as only the transfer to the debt service fund is reported. The transfer to the enterprise fund, which is a business-type activity, is not reported in the governmental activities column.
Step-by-step explanation:
The amount that would be shown as a transfer in the governmental activities column of the Statement of Activities when a government recorded transfers out of the General Fund to the debt service fund in the amount of $600,000 and to the enterprise fund in the amount of $300,000 is $600,000. This is because the transfer to the enterprise fund is between two business-type activities, and these are not reported on the government-wide Statement of Activities. Only transfers between the General Fund and the debt service fund, which are both governmental activities, are reported.
In the given scenario, since the debt service fund is part of the governmental activities, the transfer of $600,000 would be reported in the governmental activities column. In contrast, the enterprise fund is considered a business-type activity and the transfer to it would not be reported in the governmental activities column. Therefore, the correct answer is B. $600,000.