Question: Refer to the 10-K for Amazon. Required: 1. What does the company report for the following accounts for the most current fiscal year? Enter your

Refer to the 10-K for Amazon. Required: 1. What does the company report for the following accounts for the most current fiscal year? Enter your answer in millions. a. Salaries payable* b. Deferred revenue (or unearned revenue) c. Accumulated depreciation ** *Note 1 - DESCRIPTION OF BUSINESS, ACCOUNTING POLICIES, AND SUPPLEMENTAL DISCLOSURES -Accrued expenses and other **Note 3 PROPERTY AND EQUIPMENT 2. Assume that the company projects the following: Salaries payable will increase by 25 %. Deferred revenue will increase by 25 %. Accumulated depreciation will increase by 35%. Provide the next year's forecasted balances for salaries payable, deferred revenue, and accumulated depreciation. Round your answer to the nearest million. Enter your answer in millions. a. Salaries payable b. Deferred revenue
 Refer to the 10-K for Amazon. Required: 1. What does the

1. What does the company report for the following accounts for the most current fiscal year? Enter your answer in miltions. -Note 1 - DESCRIPTION OF BUSINESS, ACCOUNTING POLICIES, AND SUPPLEMENTAL DISCLOSURES -Acerued expenses and other Note 3 - PROPERTY AND EQUIPMENT 2. Assume that the company projects the following: - Salaries payable wilt increase by 25%. - Deferred revenue will increase by 25%. - Accumulated depreciation will increase by 35%. Provide the next year's forecasted balances for salaries payable, deferred revenue, and accumulated depreciation. Round your answer to the nearest million. Enter your answer in millions

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q: