Northern University Received State Appropriations as Follows What Is the Journal Entry to Record This Event

Northern University received state appropriations as follows:
$\begin{array}{lcc}\text { Unrestricted general purposes } & 1,000,000 \\\text {Capital outlay, set aside for specific projects } && 750,000\end{array}$ What is the journal entry to record this event?
A. $\begin{array}{lcc}\text { Cash and Cash Equivalents } & 1,750,000 \\\text { Nonoperating Revenues - State Appropriations } && 1,000,000 \\\text {Capital Appropriations } && 750,000\end{array}$

B. $\begin{array}{lcc}\text { Cash and Cash Equivalents } & 1,750,000 \\\text { Nonoperating Revenues - State Appropriations } && 1,000,000 \\\text { Nonoperating Revenues-Capital Appropriations } && 750,000\end{array}$

C. $\begin{array}{lcc}\text { Cash and Cash Equivalents } & 1,000,000 & \\\text { Restricted Cash and Cash Equivalents } & 750,000 & \\\quad \text { Nonoperating Revenues - State Appropriations } && 1,000,000 \\\text { Capital Appropriations } && 750,000\end{array}$

D. $\begin{array}{lcc}\text { Cash and Cash Equivalents } & 1,000,000 \\\text { Restricted Cash and Cash Equivalents } & 750,000 & \\\quad \text { Operating Revenues - State Appropriations } && 1,000,000 \\\text { Operating Revenues - Capital Appropriations } && 750,000\end{array}$

A) Choice A
B) Choice B
C) Choice C
D) Choice D