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14.20 Required information (The following information applies to the questions payed below Bdge Cey Consulting bought a bulding and the land on which it is

14.20 Required information (The following information applies to the questions payed below Bdge Cey Consulting bought a bulding and the land on which it is socated for $5,000 cash The and is estimated to represent 60 percent of the purchase pnce. The company paid $15,000 for buding renovations before it was ready for use B Required: 2. Prepare the journal entry to record at expenditures Assume that all transactions were for cash and they occured at the start of the year of no entry is required for e transaction event, select "No Journal Entry Required" In the first account f Journal entry worksheet Record all expenditures for the land and buildings assuming attract were paid for with cash and occurred at the start of the year and Can 10

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