Question: The following data were taken from the records of Clarkson

The following data were taken from the records of Clarkson Manufacturing Company for the fiscal year ended June 30, 2012.


Instructions
(a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)
(b) Prepare an income statement through gross profit.
(c) Prepare the current assets section of the balance sheet at June 30,2012.
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  • CreatedMarch 02, 2012
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