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Use the given data to prepare Pigeon Sporting Goods Company's classified balance sheet at July 31, 2018. Use the report format for the balance sheet.
Use the given data to prepare Pigeon Sporting Goods Company's classified balance sheet at July 31, 2018. Use the report format for the balance sheet. Complete the assets portion of the balance sheet in this step. The liabilities and shareholders' equity sections will be completed in the next step. (If a box is not used in the balance sheet leave the box empty; do not select a label or enter a zero. Enter amounts in thousands as provided in the problem statement.) Pigeon Sporting Goods Company Balance Sheet Data Table July 31, 2018 Thousands Assets Retained earnings, July 31, 2017 $ 31,600 Cost of goods sold 137,400 Accounts receivable 28,400 Cash 26,500 Net revenues 19,700 174,000 Property equipment, 54,700 Common stock Total current liabilities 23,000 All other expenses 27,000 Inventories 39,000 23,300 Other current assets 4,500 Long-term liabilities Other assets 24,100 Dividends 0 Print Done
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