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Ames Corporation recognized accrued compensation cost. Use the following model to show how this event would affect the companys financial statements under the following two
Ames Corporation recognized accrued compensation cost. Use the following model to show how this event would affect the companys financial statements under the following two assumptions: (1) the compensation is for office personnel and (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 selecting the letters NA under the appropriate heading. |
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