Question: Show Attempt History Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30,

Show Attempt History 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 $48.000 Factory Insurance $4600 Raw Materials Inventory 6/30/20 39.600 Factory Machinery Depreciation 16,000 Finished Goods Inventory 7/1/19 96,000 Factory Utilities 27,600 75.900 Office Utilities Expense 8,650 19.800 Sales Revenue Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 534,000 18,600 Sales Discounts 4.200 139.250 Direct Labor 58.000 Plant Manager's Salary 24,460 Indirect Labor 9.600 Factory Property Taxes 27,000 Factory Repairs 1.400 Accounts Receivable Raw Materials Purchases 96,400 Cash 32.000 Prepare the current assets section of the balance sheet at June 30 2020. list Current Assets in order of Waralidity CLARKSON COMPANY (Partial) Balance Sheet
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
