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Business, 31.08.2021 18:10 dnjames01

Bob's Shoe Warehouse, Incorporated, previously called DSW, sells luxurious and fashionable shoes. Its balance sheet, at August 3, 2019 (the first Saturday of the month), contained the following items and approximate amounts (in millions). Amounts owed to suppliers Bob's Shoe Warehouse's right to collect on account Currency and bank account balances Common stock issued to stockholders Warehouses, stores, and offices Merchandise held for sale Amounts owed for promissory notes Accumulated profits of the company $ 676 98 88 486 1,765 752 1,245 296
Required:
1. Give the account name commonly used for each item listed.
2. Prepare the balance sheet as of August 3, 2019. providing appropriate totals and subtotals.
3. As of August 3, did most of the financing for assets come from creditors or stockholders?

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