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Classic Shoe Warehouse, Incorporated, previously called DSW, sells luxurious and fashionable shoes. Its balance sheet, at August 3, 2019 (the first Saturday of the
Classic 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). Book Hint Print Amounts owed to suppliers Classic 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 Required: 1. Give the account name commonly used for each item listed. $ 670 95 85 480 1,750 740 1,230 290 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? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Give the account name commonly used for each item listed. Item Amounts owed to suppliers Classic 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 Account Name
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