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Question list Question 3 Hawk Sporting Goods Company reported the following data at July 31, 2021, with amounts in thou (Click the icon to
Question list Question 3 Hawk Sporting Goods Company reported the following data at July 31, 2021, with amounts in thou (Click the icon to view the account bele) (Click the icon to view the balance sheet) (Click the icon to view the statement of retained in Make the company's closing eneses at July 31, 2021. Then set up a Taccount for Retained Earings and post to that account Compare Retained Earings ending bance to the on Hawk's ment of retained eamings and balance sheet. What do you find? Question 4 Reference Make Question 5 the company's closing entries at July 31, 2021 Ridbits first, then crets Exclude explains from any pum Begin by making the closing entry for revenues at July 31, 2021 Journal Entry Date Question 6 M 31 Accounts Debil Cred Question 7 eference Hawk Sporting Goods Company Statement of Retained Earnings Year Ended July 31, 2021 Data table Accounts receivable Net revenues Hawk Sporting Goods Company Balance Sheet July 31, 2521 Thousands Assels Current Cash Retained eamings, July 31, 2020 5 31,700 Cost of goods sold 1 137.000 28.200 Cash 26.500 Total cut Property and augment, net 188.000 Property and equipment, net 18,200 Other assets 51,700 Common stock 23.000 Tal 23.000 Inventories 35,000 Other curent assets 27 000 Dividends 5,400 Long temb 7,700 Tutal cument Long Sabites Total abilities Stockholders' Equity Thousands Total current fabrities Betained eamings July 31, 2020 31,700 All her expenses 27.200 dd Net income 58.000 etained eamings, July 31, 2021 Other assets Print Done Print Done $ 26.500 28.300 35.000 1400 100 19200 27.100 $ 141.300 100 1700 50.400
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