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Red Wings, Inc. maintains their accounting records on a cash basis. The following information is provided for 2017: Decrease in Prepaid Insurance from 1/1 to

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Red Wings, Inc. maintains their accounting records on a cash basis. The following information is provided for 2017: Decrease in Prepaid Insurance 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 1/1 Wages Payable Cash Paid for Wages and Insurance 12/31 Wages Payable 850008 Noza Accrual basis combined Wage and Insurance Expense 2017 is: Select one: a. $31 b. $29 O c. $34 O d. $39 O e. $21

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