For a Government That Elects NOT to Capitalize Its Works

For a government that elects NOT to capitalize its works of art and similar assets, the appropriate entry for reporting in the government-wide financial statements when receiving a contribution of a work of art is

A) No entry is required for contributed assets.
B) Debit Asset; Credit Revenues.
C) Debit Asset; Credit Equity.
D) Debit Expense, Credit Revenue.