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Paid $50 cash in dividends to stockholder. (The $50 belong in which category in this journals?) Assets Liabilities Stockholders Equity Revenues cash-accounts receivable-bicycles accounts payable
Paid $50 cash in dividends to stockholder. (The $50 belong in which category in this journals?)
Assets Liabilities Stockholders Equity Revenues
cash-accounts receivable-bicycles accounts payable - Phone payable common stock- dividends- retained earnings rent revenue
Expenses
Rent expense- advertising expense- Phone Expense
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