Journalize in single entry interest expense

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Details about a company’s liabilities appear in a number of places in the annual report. Use the 2009 Amazon.com Financial Statements handout, including Notes 1 and 5, to answer the following questions.

Requirements

1. How much was Amazon’s long-term debt at December 31, 2009? Of this amount, how much was due within one year? How much was payable beyond one year in the future?

2. Journalize in a single entry Amazon’s interest expense for 2009. Amazon paid cash of $32 million for interest.

Reference no: EM131259502

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