Answer is complete but not entirely correct.

$\backslash$table$[[$Balance Sheet,larr,Income Statement$],[$Assets$,=,,,,+,\backslash$table$[[$Stockholders$\text{'}],[$Equity$]],$Net Income,$=,$Revenues,$-,$Expenses,$],[,=,$Payroll tax expense,$,2,189o.,+,,,=,,-,$Payroll tax expense $,0,2,189$At September $30,2022,$ the end of the first year of operations at Lukancic Incorporated, the firm$$s accountant neglected to accrue payroll taxes of $$2,189$ that were applicable to payrolls for the year then ended.

Exercise $7-9($Algo$)$ Part a $-$ Horizontal Model

Required:

a$-1.$ Use the horizontal model to show the effect of the accrual that should have been made as of September $30,2022.$ Indicate the financial statement effect.

Note: Enter decreases with a minus sign to indicate a negative financial statement effect.