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An asset created by a payment for economic benefits that does not expire until some later time is O recorded as a debit to an

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An asset created by a payment for economic benefits that does not expire until some later time is O recorded as a debit to an unearned revenue account O not recorded in the accounting records O recorded as a credit to an unearned revenue account O recorded as a credit to a prepaid expense account O recorded as a debit to a prepaid expense account SportsWorld purchased property for $100,000. The property included a building, parking lot, and land. The building was appraised at $75,000: the land at $48,000; and the parking lot at $10.000. To the nearest dollar, the value of the land to be recorded in the books should be O $10,000 O $36,090 O $34,783 O $48,000 O $75.000

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