James Matthews Limited, a bottle manufacturer, signed an agreement to lease an administration building from Got No Money Limited on June 15, 2026. The lease agreement was for 18-months. The lessee paid the lessor in cash. The value of the agreement was $1,500,000. Required: On June 15, 2026 James Matthews Limited recorded the transaction by: Select one: O O a. Debit: Lease Expense $1,500,000; Credit: Cash - $1,500,000 b. Debit: Cash $1,500,000; Credit: Lease Revenue - $1,500,000 c. Debit: Cash - $1,500,000; Credit: Lease Expense - $1,500,000 d. Debit: Lease Revenue $1,500,000; Credit: Cash - $1,500,000