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Red Wings Inc. maintains accounting records on a cash basis. The following info 2018: Decrease in Wages Payable from 1/1 to 12/31 Cash Collected from
Red Wings Inc. maintains accounting records on a cash basis. The following info 2018: Decrease in Wages Payable from 1/1 to 12/31 Cash Collected from Customers 12/31 Accounts Receivable 12/31 Accounts Payable Cash paid to vendors 1/1 Accounts Payable 1/1 Accounts Receivable 12/31 Prepaid Expenses Cash Paid for Expenses 1/1 Prepaid Expenses Increase in Inventory from 1/1 to 12/31 -NOB nog Accrual-basis Expenses for 2018 are: Select one: O a. $31 b. $39 c. $29 O d. $21
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