A donor gave $$50,000$ to a nongovernmental, not$-$for$-$profit charity with instructions that the funds be transferred to an individual who lost his home in a fire. The not$-$for$-$profit would:

Multiple Choice

record the $$50,000$ cash and credit a liability.

record the $$50,000$ cash and credit temporarily restricted revenue.

do either "record the $$50,000$ cash and credit a liability." or "record the $$50,000$ cash and credit temporarily restricted revenue.", depending upon the policy of the not$-$for$-$profit.

not record the transaction, because the money is going directly to the intended recipient.