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Given the following 2019 information for the Pinto Company: Increase in Wages Payable Operating Expenses $ 400 $5,100 Total Cash paid for expenses 12/31/19 Prepaid
Given the following 2019 information for the Pinto Company: Increase in Wages Payable Operating Expenses $ 400 $5,100 Total Cash paid for expenses 12/31/19 Prepaid Insurance $4,000 $1,200 Operating Expenses and cash paid for expenses consisted of amounts for insurance and wages only. The 1/1/19 balance of Prepaid Insurance was: Select one: o a. $500 O b. $1,750 c. $2,700 d. $300 O o e. $1,900
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