Question 1: Answer each of the following Shannon Green owns Green Construction Company. On March 16, the business received $4,000 from services completed that day and $2,500 for a job to be performed in April. A. 1. How much revenue should Green Construction Company record on March 16? What Generally Accepted Accounting Principle is being followed by Green Construction Company ir recognizing revenue? 2, B. In June, Shannon Green ventures into a new industry and opens a restaurant called Green Eating Shannon must prepare separate financial statements for Green Construction Company as well as Gree Eating. This statement describes which Generally Accepted Accounting Principle? Green Eating purchased the land on which its building is located during 2018 for $50,000. On December 31, 2018, the land has an appraised value of $56,000. 1. By what amount should the Land account be increased in 20182 2. What Generally Accepted Accounting Principle is being followed by Green Eating regarding the reporting of the Land