If $25,000 cash is paid to buy a land, the land is reported on the buyer's balance sheet at $25,000. Which accounting principle was followed O A Expense recognition principle. O B. Cost principle. c. Full disclosure principle. OD. Revenue recognition principle. If $25,000 cash is paid to buy a land, the land is reported on the buyer's balance sheet at $25,000. Which accounting principle was followed O A Expense recognition principle. O B. Cost principle. c. Full disclosure principle. OD. Revenue recognition principle