Question: Details about a companys liabilities appear in a number of places in the annual report. Use Amazon.coms financial statements, including Note 1, to answer the

Details about a company’s liabilities appear in a number of places in the annual report. Use Amazon.com’s including Note 1, to answer the following questions. Amazon’s are in Appendix A at the end of this book.
Requirements
1. Give the breakdown of Amazon’s current liabilities at December 31, 2009. Give the January 2010 entry to record the payment of accrued expenses and other current liabilities that Amazon owed at December 31, 2009. (Please assume the entire balance of this item represents accrued expenses.)
2. At December 31, 2009, how much did Amazon report for unearned revenue that Amazon had collected in advance? Which account on the reports this liability?

Step by Step Solution

★★★★★

3.45 Rating (184 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Req 1 Millions Current liabilities Accounts payable ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

69-B-A-L (1052).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Details about a company's liabilities appear in a number of places in the annual report. Visit www.pearsonhighered.com/Horngren to view a link to Starbucks Corporation's Annual Report. Use Starbucks...

Details about a company's investments appear in a number of places in the annual report. Use Starbucks Corporation's Fiscal 2013 annual report to answer the following questions. Visit...

Use these data to answer the following questions about the market for British pounds: a. Draw the demand and supply curves for pounds and determine the equilibrium exchange rate (dollars per pound)....

Details about a companys liabilities appear in a number of places in the annual report. Use Amazon.coms financial statements, including Notes 1 and 5, to answer the following questions. Amazons...

Please help me find details of Target's fiscal 2018 liabilities, calculate the time-earned interest rate, and compare to Kohl's corporation if possible. If not, thank you anyway! Financial Statement...

The two assignments I need completed, preferably in Excel. The Amazon pdf is for the second assignment 3.2 97999_25_AppA_p01-42 11/30/10 8:56 AM Page A-1 Appendix A...

Please help I am having a difficult time? Can someone please help? . Bond prices depend on market rate of interest, stated rate of interest, and time. Requirement Compute the price of the following...

http://investor.apple.com/secfiling.cfm?filingid=1193125-15-356351&cik=320193 and https://www.alcoa.com/global/en/investment/pdfs/2015_Annual_Report.pdf From the above links 1): questions related to...

Details about a companys liabilities appear in a number of places in the annual report. Visit http://www.pearsonhighered.com/ Horngren to view a link to Target Corporations Annual Report. Use Target...

Details about a companys liabilities appear in a number of places in the annual report. Visit www.pearsonhighered.com/Horngren to view a link to Starbucks Corporations Annual Report. Use Starbucks...

For a forecast to be usable, it needs to pass criteria which include aspects such as O Simplicity/Completeness O Comprehensiveness/Accuracy O Accuracy/Simplicity O Flexibility /Completeness and Fill...

Let (X, A, ) be a measure space and let (fn)neN, and f, g be extended real-valued A-measurable and integrable functions on DE A. Suppose that 1. limn- fn = fa.e. on D. 2. limno fp fndu = fpfdu. 3....

Is it full-service, or does everything get subcontracted out? How much integration experience with above-, through- and below-the-line as well as online does it have?

What potential difference is needed to give a helium nucleus (Q = 2e) 65.0 ke V of kinetic energy?

Consider the rivet holes from Exercise 8-35. If the standard deviation of hole diameter exceeds 0.01 millimeters, there is an unacceptably high probability that the rivet will not fit. Recall that n...

A rivet is to be inserted into a hole. A random sample of n = 15 parts is selected, and the hole diameter is measured. The sample standard deviation of the hole diameter measurements is s = 0.008...

A reasonable approximation for the two-dimensional incompressible laminar boundary layer on the flat surface in Fig P4.17 is u = U (2y/∂ - y2/∂2) for y Where ∂ ≈ Cx 1/2 , C =...

An incompressible flow field has the cylinder components = Cr, z = K (R2 r2), r = 0, where C and K are constants and r R, z L. Does this flow satisfy continuity? What might it represent physically?

What evidence indicates that a trait is coded by a dominant allele on an autosome?

Monon Cable Television Company reported the following financial statements for 2009: Additional information: a. The old antenna with a cost of $35,000 and accumulated depreciation of $34,000 was...

Yogurt Plus, a restaurant, collected the following information on inflows and outflows for 2009: Inflows Sales (all for cash) .......................$379,000 Cash received from sale of common stock...

Refer to the information for Granville Manufacturing Company in Problem 11-45A. Required: Prepare the cash flows from operating activities section of the statement of cash flows, using the direct...

San Tan Company manufactures light bulbs. Once produced, the bulbs are packaged and sold to wholesalers for distribution to grocery stores and large retailers like Walmart. The following costs were...

( 2 ) Using conjugate gradient method to solve the following problem A = ( [ - 2 , 1 , ] , [ 1 , - 2 , 1 , ] , [ , ddots,ddots,ddots, ] , [ , 1 , - 2 , 1 ] , [ , 1 , - 2 ] ) , b = ( [ - 1 ] , [ 0 ] ,...

Let x be a random variable that represents the batting average of a professional baseball player. Let y be a random variable that represents the percentage of strikeouts of a professional baseball...