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Purchased various bicycles from Schwinn for $5,000 on account. How would you put this in excel? Assets Liabilites Stockholders Equity Revenues cash-accounts receivable-bicycles accounts payable-

Purchased various bicycles from Schwinn for $5,000 on account. How would you put this in excel?

Assets Liabilites 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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