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Question 4 1 pts Bridge City Consulting bought a building and land on which it is located for $182.000 cash. The land was appraised at

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Question 4 1 pts Bridge City Consulting bought a building and land on which it is located for $182.000 cash. The land was appraised at $143,500 and the building for $61,500. Which of the following statements is true regarding the journal entry to record this purchase. OBuilding will be debited for $38,500 O Land will be debited for $127.400 O Building will be debited for $61,500 e Land will be debited for $143,500 DQuestion 5 1 pts The concept that states that "as long-term assets are used to generate revenues over a number of years, the cost of the asset should be spread over the same number of years is known as: revenue recognition principle expenditure concept O matching concept D Question 6 1 pts

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