Eagle Sporting Goods Company Income Statement Year Ended July 31, 2018 (Amounts in thousands) 174,000 Net...
Suppose Vulture Sporting Goods Company reported the following data at July 31, 2018, with amounts in thousands: (Click the icon to view the data.) Use these data to prepare Vulture Sporting Goods Company's single-step income statement for the year ended July 31, 2018; statement of the report format for the balance sheet. Use the given data to prepare Vulture Sporting Goods Company's income statement for the year ended July 31, 2018. (If a box is not used in thousands as...
#'s inco © Data Table - X empty; d Retained earnings, July 31, 2017 Accounts receivable Net revenues Total current liabilities 31,800 Cost I goods sold 28,600 Cash 184,500 Property and equipment, net 54,000 Common stock 24,000 Inventories 5,500 Long-term liabilities 27,000 Dividends 136,000 26,800 19,500 27,500 39,000 8,600 All other expenses. Other current assets. Other assets he problem: any's state Print Done] 4 of 7 (7 Score: 1.78 of 10 pts S3-14 (similar to) Suppose Eagle Sporting Goods Company...
Retained earnings, July 31, 2017 Accounts receivable Net revenues Total current liabilities 31,800 Cost of goods sold 28,600 Cash 184,500 Property and equipment, net 54,000 Common stock 24,000 Inventories 5,500 Long-term liabilities 27,000 Dividends 136,000 26,800 19,500 27,500 39,000 8,600 All other expenses. Other current assets. Other assets Use these data to prepare Eagle Sporting Goods Company's single-step income statement for the year ended July 31, 2018; state report format for the balance sheet. Use the given data to prepare...
Suppose Crow Sporting Goods Company reported the following data at July 31, 2018 , with amounts in thousands: Use these data to prepare Crow Sporting Goods Company's single-step income statement for the year ended July 31, 2018 ; statement of retained earnings for the year ended July 31, 2018 ; and classified balance sheet at July 31, 2018. Use the report format for the balance sheet. Use the given data to prepare Crow Sporting Goods Company's income statement for the...
Retained earnings July 31, 2017 Accounts receivable Net revenues Total current liabilities 31,800 Cost of goods sold 28,200 Cash 186,500 Property and equipment, net 53,000 Common stock 28,000 Inventories 5,300 Long-term liabilities 21,000 Dividends 136,400 26,900 19,900 30,800 38,000 1,600 All other expenses Other current assets Other assets. Print Done Uptown Sporting Goods Company Balance Sheet July 31, 2018 Thousands Assets Current assets Cash Accounts receivable 26,900 28,200 38,000 Inventories Other current assets 5,300 98,400 Total current assets Property and...
Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses Net income (loss) Loving Corporation Statement of Retained Earnings Year Ended December 31, 2018 (millions) Beginning retained earnings Net income Cash dividends declared Ending retained earnings Loving Corporation Print Done Data Table Ending retained earnings Loving Corporation Balance Sheet December 31, 2018 (millions) Assets Cash All other assets Total assets Liabilities Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities...
Owl Sporting Goods reported the following data at July 31, 2018, with amounts in thousands:
ACME, Inc. Income Statement Month Ended July 31, 2018 Revenues: Sales 99,000 Expenses: Wages Expense 25,000 Rent Expense 12,000 Gasoline Expense 2,400 Utilities Expense 6,000 Supplies Expense 400 Depreciation Expense-Del Van 3,000 Depreciation Expense-Equip 10,000 Total Expenses 58,800 Net Income 40,200 ACME, Inc. Statement of Retained Earnings Month Ended July 31, 2018 Retained Earnings, July 1, 2012 39,100 Plus: Net Income for July 40,200 Less: Dividends 6,000 Increase in Retained Earnings 34,200 Retained Earnings, July 31, 2012 73,300 ACME, Inc. Balance Sheet July 31, 2018 Assets Liabilities Current Assets: Current Liabilities: Cash 42,000 Accounts Payable 4,000 Accounts Receivable 8,000 Sales Tax Payable 4,500 Inventory 800 Total...
Requirement 1. Prepare Carissa Communications's statement of retained earnings for the year ended July 31 2018 . Assume that there were no dividends declared during the year and that the business began on tAugust 1,2017 (Enter a "0" for any zero balances. Include only applicable transactions during the period.) Requirement 2. Prepare Carissa Communications's classified balance sheet at July 31 2018 Use the report format. Begin by completing the assets section, then complete the liabilities and stockholders' equity sections. (If...
INI S3-15 (book/static) Question Help Robin Sporting Goods Company reported the following doly 31, 2018, with amounts in thousands Click the icon to view the court blanc) Click the icon to view the statement of retained camins. Click the loon to view the balance sheet.) Make the company's dorg entries at wy 31, 2018. Then set up a Taccount for Retained Earrings and post to that account. Compare Retained Eminenting balance to the amount reported on Robinis statement of retained...