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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
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 provided in the problem statement.) Vulture Sporting Goods Company Data Table Income Statement Year Ended July 31, 2018 Thousands Retained earnings July 31, 2017 Accounts receivable $ 2 18 53 Net revenues Total current liabilities All other expenses Other current assets Other assets 28 4 24. P Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts remaining Clear All Question Help 31, 2018, with amounts in thousands: ome 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 atement for the year ended July 31, 2018. (If a box is not used in the income statement leave the box empty, do not select a label or enter a zero. Enter amounts in Data Table $ $ 136,400 Retained earnings July 31, 2017 Accounts receivable Net revenues Total current liabilities All other expenses Other current assets Other assets 36,100 Cost of goods sold 28,100 Cash 185,500 Property and equipment, net 53,000 Common stock 28,000 Inventories 4,900 Long-term liabilities 24,300 Dividends 26.400 19.100 30,800 40,000 1.800 0 Print Done Click Check Answer Clear All Check Answer Show All X
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