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The following data were taken from the records of Clarkson company for the fiscal year ended June 30, 2020. Problem 1-4A (Video) The following data

The following data were taken from the records of Clarkson company for the fiscal year ended June 30, 2020. image text in transcribed
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Problem 1-4A (Video) 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 $56,700 Factory Insurance $5,100 Raw Materials Inventory 6/30/20 40,400 Factory Machinery Depreciation 17,300 Finished Goods Inventory 7/1/19 96,100 Factory Utilities 30,600 Finished Goods Inventory 6/30/20 20,100 Office Utilities Expense 8,550 Work in Process Inventory 7/1/19 28,600 Sales Revenue 560,600 Work in Process Inventory 6/30/20 24,500 Sales Discounts 4,800 Direct Labor 142,850 Plant Manager's Salary 61,500 Indirect Labor 25,160 Factory Property Taxes 9,810 Accounts Receivable 34,800 Factory Repairs 2,000 Raw Materials Purchases 97,600 Cash 41,900 itaw atralsches Cash 97.00 41,000 Prepare a cost of oude manufactured while. Acum allan materials were direct materials CLARKSON COMPANY Cost of Goods Manufactured Schedule Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement $ 7 7 Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity. CLARKSON COMPANY (Partial) Balance Sheet

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