In 2021, Sedaris Company decides to allocate $50,000 to put up a fence and install a sprinkler system on its corporate campus. What journal entry should Sedaris Company record to account for this?

a. Land $50,000 Cash $50,000

b. Cash $50,000 Land $50,000

c. Land Expense $50,000 Cash $50,000

d. Land Improvements $50,000 Cash $50,000