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The following data were taken from the records of Marigold Company for the fiscal year ended June 30, 2020. Raw Materials Inventory 7/1/19 $55,300 Factory

The following data were taken from the records of Marigold Company for the fiscal year ended June 30, 2020.

Raw Materials Inventory 7/1/19 $55,300 Factory Insurance $5,100
Raw Materials Inventory 6/30/20 43,200 Factory Machinery Depreciation 17,800
Finished Goods Inventory 7/1/19 98,300 Factory Utilities 31,700
Finished Goods Inventory 6/30/20 20,800 Office Utilities Expense 9,250
Work in Process Inventory 7/1/19 25,900 Sales Revenue 563,200
Work in Process Inventory 6/30/20 21,100 Sales Discounts 4,500
Direct Labor 142,050 Plant Managers Salary 64,200
Indirect Labor 24,660 Factory Property Taxes 9,910
Accounts Receivable 36,900 Factory Repairs 1,900
Raw Materials Purchases 98,000
Cash 40,800

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MARIGOLD COMPANY Cost of Goods Manufactured Schedule Prepare an income statement through gross profit. MARIGOLD COMPANY (Partial) Income Statement Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity.) MARIGOLD COMPANY (Partial) Balance Sheet

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