(Answered) Problem - preparing a balance sheet luxury shoe warehouse

Accounting

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.

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