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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 Raw Materials
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 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 Direct Labor Indirect Labor Accounts Receivable $50,200 42,000 98,100 24,700 22,000 27,900 139,350 24,760 27,200 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $5,700 17,100 28,800 8,850 560,300 5,000 64,900 9,610 2,200 97,000 37,300 CLARKSON COMPANY Cost of Goods Manufactured Schedule $ $ CLARKSON COMPANY (Partial) Income Statement $ $ 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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