BE $4$ Explain how you would decide whether to record each of the following expenditures as an asset or

an expense. Assume all items are material. $(2$pts each$)$

a$.$ Legal fees paid in connection with the purchase of land are $$1,500.$

b$.$ Eduardo, Inc. paves the driveway leading to the office building at a cost of $$21,000.$

c$.$ A meat market purchases a meat$-$grinding machine at a cost of $$3,500.$

d$.$ On June $30,$ Monroe and Meno, medical doctors, pay $6$ months' office rent to cover the month of July

and the next $5$ months.

e$.$ Smith's Hardware Company pays $$9,000$ in wages to laborers for construction on a building to be used

in the business.

f$.$ Alvarez's Florists pays wages of $$2,100$ for the month to an employee who serves as driver of their

delivery truck.