For each of the transactions described below, consider whether to record each of the following expenditures as an asset or an expense or both. Assume all items are material. (a) Legal fees paid in connection with the purchase of land are $1,500. (b) Eduardo, Inc., paves the driveway leading to the office building at a cost of $21,000. (c) A meat market purchases a meat-grinding machine at a cost of $3,500. (d) On June 30, the partnership Monroe and Moore, medical doctors, pays six months' office rent to cover the month of July and the next five months. (Assume that the partnership has a fiscal year end of December 31.) Smith's Hardware Ltd., a public company, pays $9,000 in wages to labourers for construction on a building to be used in the business. (e) (f) Alvarez's Florists Ltd. pays wages of $2,100 for the month to an employee who serves as driver of their delivery truck. >