Question: Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials
Current Attempt in Progress 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 $57.500 Factory Insurance 54.900 Raw Materials inventory 6/30/20 41.500 Factory Machinery Depreciation 17.000 Finished Goods Inventory 7/1/19 96,300 Factory Utilities 31.100 Finished Goods inventory 6/30/20 22.100 Office Utilities Expense 8.550 Work in Process Inventory 7/1/19 21,300 Sales Revenue 561,300 Work in Process inventory 6/30/20 28.200 Sales Discounts 4.300 Director 142.650 Plant Manager's Salary 65.100 Indirect Labor 26,760 Factory Property Taxes 9.610 Accounts Receivable 29.900 Factory Repairs 1.500 Raw Material Purchases Cash 42.100 Current Attempt in Progress 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 $57.500 Factory Insurance 54.900 Raw Materials inventory 6/30/20 41.500 Factory Machinery Depreciation 17.000 Finished Goods Inventory 7/1/19 96,300 Factory Utilities 31.100 Finished Goods inventory 6/30/20 22.100 Office Utilities Expense 8.550 Work in Process Inventory 7/1/19 21,300 Sales Revenue 561,300 Work in Process inventory 6/30/20 28.200 Sales Discounts 4.300 Director 142.650 Plant Manager's Salary 65.100 Indirect Labor 26,760 Factory Property Taxes 9.610 Accounts Receivable 29.900 Factory Repairs 1.500 Raw Material Purchases Cash 42.100
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