A furniture component, such as a cabinet structure, having corner recesses extending vertically of the cabinet structure and each adapted to receive a vertically elongate corner trim element. The corner trim element preferably has a rounded convex configuration on one side thereof, and a generally square corner configuration on the other side thereof. The corner trim element can be positioned in the respective recess in two different orientations so that either the rounded or square corner configurations can be exteriorly exposed. When the square corner configuration is exposed, then the corner trim element also defines therein an accessible vertically elongate groove which accommodates one-half of a connecting element, such as a vertical hinge element, for permitting the corner of the cabinet to be secured to another furniture component, such as another cabinet or an upright wall panel.
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