Which of the following statements is accurate regarding the Building account?

a) Building costs are treated as expenses in the period they are incurred and reported on the income statement.

b) A Building account is increased on the right side of a T-account because it is an asset.

c) A Building expense account is used to record the costs of purchasing a store, office, warehouse or factory.

d) A Building asset account is used to record the costs of purchasing a store, office, warehouse or factory.