Homework Help Sove & Exit Submit Check my work Required information E9-2 Computing and Recording a Basket Purchase and Straight-Line Depreciation (LO 9-2, LO 9-3) The following information apples to the questions displayed below.) Bridge City Consulting bought a building and the land on which it is located for S145,000 cash. The land is estimated to represent 60 percent of the purchase price. The company paid $15,000 for building renovations before it was ready for use E9-2 Part 2 Required: 2. Prepare the journal entry to record all expenditures. Assume that all transactions were for cash and they occurred at the start of the year (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Prey 34 of 12 ! Next > G Record all expenditures for the land and buildings assuming all transactions were paid for with cash and occurred at the start of the year. Note: Enter debits before credits. Transaction General Journal Debit Credit CO