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 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.)

Use the given data to prepare Crow Sporting Goods Company's statement of retained earnings for the year ended July 31, 2018.

Use the given data to prepare Crow 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.)

Transcribed Image Text:

- X Data Table Retained earnings, July 31, 2017 $ 36,900 Cost of goods sold 2$ 136,300 Accounts receivable 28,100 Cash 26,300 Net revenues.. 186,500 Property and equipment, net 19,000 Total current liabilities 53,000 Common stock 24,000 All other expenses 24,000 Inventories 39,000 Other current assets 5,300 Long-term liabilities 1,900 Other assets 24,300 Dividends - X Data Table Retained earnings, July 31, 2017 $ 36,900 Cost of goods sold 2$ 136,300 Accounts receivable 28,100 Cash 26,300 Net revenues.. 186,500 Property and equipment, net 19,000 Total current liabilities 53,000 Common stock 24,000 All other expenses 24,000 Inventories 39,000 Other current assets 5,300 Long-term liabilities 1,900 Other assets 24,300 Dividends