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Required Finch Corporation recognized accrued compensation cost. Use the following model to show how this event would affect the company's financial statements under the following

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Required Finch 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 and (2) the compensation is for production workers. Use the letter I for increase or the letter D for decrease to show the effect on each element. If an element was not affected by the event, leave the cell blank. Income Statement Balance Sheet Stockholders' Liab. + Equity Statement of Cash Flows Assets Rev. Exp. = Net Inc. 1. + + 2

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