Prepare the balance sheet as of february

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Reference no: EM131771487

Problem - Preparing a Balance Sheet

Luxury Shoe Warehouse, lnc. is a designer shoe warehouse, selling some of the most luxurious and fashionable shoes at prices that people can actually afford. Its balance sheet, at February 2, 2013, contained the following (listed alphabetically, amounts in thousands).

Accounts Payable

$282,300

Accounts Receivable

115,800

Cash

315,700

Common Stock

844,100

Equipment

446,300

Inventory

394,800

Notes Payable

128,700

Retained Earnings

17,500

Total Assets

1,272,600

Total Liabilities and Stockholders' Equity

?

Required: Prepare the balance sheet as of February 2, 2013.

Reference no: EM131771487

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