Question

Seved Help Sav E1-3 Preparing a Balance Sheet (LO 1-2, LO 1-3] DSW, Inc., is a designer shoe warehouse, selling luxurious and fashionable shoes. Its balance sheet, at July 30, 2016 (he last Saturday of the month). contained the following (listed alphabetically, amounts in thousands). points Accounts Payable Accounts Receivable eBook $ 297,700 118,000 321,200 849, 600 459,500 397,000 129,800 18,600 1,295, 700 Hint Cash Common Stock Equipment Inventory Notes Payable Retained Earnings Total Assets Total Liabilities and Stockholders' Equity Print References Required: 1. Prepare the balance sheet as of July 30, 2016. (Enter your answers in thousands.) DSW, Inc. Balance Sheet At July 30, 2016 1 of 14 Next> Prev downad- Graw 1,

Answer 1

Answer

--Requirement asked

Balance Sheet
at Jul 30 2016
($ in thousands)
Assets
Cash	$321,200
Accounts receivables	$118,000
Inventory	$397,000
Equipment	$459,500
Total Assets	$1,295,700
Liabilities
Accounts Payable	$297,700
Notes Payable	$129,800
Total Liabilities	$427,500
Stockholder's Equity
Common Stock	$849,600
Retained Earnings	$18,600
Total Stiockholder's equity	$868,200
Total Liabilities & Stockholder's equity	$1,295,700