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i cant figure out the retained earnings? omework Soved Peggy's Shoe Warehouse, Incorporated, previously called DSW, sells luxurious and fashionable shoes. Its balance sheet, at

i cant figure out the retained earnings? image text in transcribed
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omework Soved Peggy'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 wood to suppliers Peggy's Shoe Warehouse's right to collect on account Currency and bank account balances Connon stock issued to stockholders Warehouses, stores, and offices Merchandise held for sale Amounts owed for promissory notes Accumulated profits of the company $ 654 87 77 464 1,710 700 1,190 274 Book 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? Complete this question by entering your answers in the tabs below. equired 1 Required 2 2 Required 3 Prepare the balance sheet as of August 3, 2019, providing appropriate totals and subtotals (Enter your answers in millions (1. 10,000,000 should be entered as 10)) PEGGY'S SHOE WAREHOUSE. Incorporated Balance Sheet At August 3, 2019 Mc SAW ill Se here to search o 3 X Your Cound Textbook X DO CH1 Homework Stoyshe Accounting Method X be @ https://esto meducation.com/et/map/indechtud con continternal browser och 233nowconnected work Required 1 Required 2 Required Prepare the balance sheet as of August 3, 2019, providing appropriate totals and subtotals. (Enter your answers in mitos (L. 10,000,000 should be entered is 10) PECOYS SHOE WAREHOUSE, Incorporated Balance sheet At August 3, 2019 fin millions Assets Accounts Receivable 87 77 Inventory 700 Focal Assets 5 1/2 Liabilities $ Accounts Payable Notes Payable 654 1100 1546 Total Labs Stockholders' Equity 404 Common Stock Rendang Total Socks Equity Totes and Stock Equity 654 2.308 5 3 o are to search S

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