Question Answer each of the following Malcol Redding owns Redding Construction Compary On March 20, the business received 6.500 from services completed that day and $1.200 for a job to be performed in April 1. How much revme should Redding Construction Company record on March 2012 2. Whery Accepted Account Principle is being followed by Redding Construction Company in recreveme? 24 July, Malcolm Redding ventures to a new industry and operated Redding Flery, Malcolm prepare waitements for Redding Construction Company as well as Redding Estery. This wiement describes which ally Accepted Accounting Principle? c. Redding Eatery purchased the land on which is building is located during 2020 for $45.000. On December 31, 2021, the land has an approved Vale of 552.000. 1. Hy what amount should the Land account be increased in 2021 2. What Generally Accepted Accoming Principle is being followed by Redding Fately regarding the reporting of the Land