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Problem 14-04A The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials Inventory 7/1/19

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Problem 14-04A The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials Inventory 7/1/19 $57,300 Factory Insurance $5,400 Raw Materials Inventory 6/30/20 41,100 Factory Machinery Depreciation 16,600 Finished Goods Inventory 7/1/19 98,800 Factory Utilities 31,200 Finished Goods Inventory 6/30/20 29,500 Office Utilities Expense 9,350 Work in Process Inventory 7/1/19 24,200 Sales Revenue 561,200 Work in Process Inventory 6/30/20 21,500 Sales Discounts 5,100 Direct Labor 141,450 Plant Manager's Salary 64,200 Indirect Labor 24,660 Factory Property Taxes 9,910 Accounts Receivable 37,100 Factory Repairs 1,70 Raw Materials Purchases 96,900 Cash 38,300 Cost of Goods Manufactured Sc > > Prepare the current assets section of the balance sheet at June 30, 2020. (Currentsets in order of lique CLARKSON COMPANY (Partial) Balance Sheet

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