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Flexsteel Industries manufactures furniture for the retail, contract, and recreational vehicle furniture markets. Suppose that corporation's adjusted trial balance ignored the following information. For each

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Flexsteel Industries manufactures furniture for the retail, contract, and recreational vehicle furniture markets. Suppose that corporation's adjusted trial balance ignored the following information. For each ltem, indicate what effectr, if any, these omissions would have on the stated components of the corporation's 2021 income Statement and 12/31/2021 Balance Sheet. Assume no income taxes. contract, and recreational vehicle furniture markets. Suppose that information. For each item, indicate what effects, if any, these omissions is 2021 Income Statement and 12/31/2021 Balance Sheet. Assume no income

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