Financial Statement Case This problem helps you develop skill in recording transactions by using a company's actual account titles. Refer to the 2009 Amazon.com Financial Statements handout. Assume that Amazon.com completed the following selected transactions during December 2009: Dec. 1 Earned sales revenue and collected cash, $60,000 ("Net sales"). Borrowed $200,000 by signing a note payable ("Long-term debt"). 9. 12 Purchased equipment on account, $10,000 ("Fixed assets"). Paid half the account payable from December 12. 22 Paid electricity bill for $3,000 ("General and administrative expense"). 28 Paid $100,000 of the note payable, plus interest expense of $1,000. 31 Requirements: R1. Journalize these transactions, using the following account titles taken from the Amazon.com financial statements: Cash and cash equivalents, Equipment, Fixed assets, Accounts payable, Long-term debt, Net sales, General and administrative expense, and Interest expense. Explanations are not required