4. A local government accounts for its operations using the cash basis of accounting. The government purchased a building for $100,000, paying $20,000 and giving a 30-year note for the balance. What journal entry would the government make in its general ledger to record this transaction? a) Debit Building Expenditure for $100,000; Credit Cash for $20,000 and Note Payable for $80,000 b) Debit Building Expense for $100,000; Credit Cash for $20,000 and Note Payable for $80,000 c) Debit Building for $20,000; Credit Cash for $20,000 d) Debit Building Expenditure for $20,000; Credit Cash for $20,000 e) Debit Building for $100,000; Credit Cash for $20,000 and Note Payable for $80,000