Question

Ames Corporation recognized accrued compensation cost. Use the following model to show how this event would affect the company’s financial statements under the following two assumptions:
(1) The compensation is for office personnel
(2) The compensation is for production workers.
Use pluses or minuses to show the effect on each element. If an element is not affected, indicate so by placing the letters NA under the appropriateheading.


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  • CreatedMay 22, 2014
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