Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.37

+0.2%

3:59 PM EST

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To: getgo234 who wrote (31047)	12/24/1998 9:07:00 AM
From: Mark Fowler	Read Replies (1) of 164684

Are there any accountants out there that can tell us what the impact is on the balance sheet and the income statement when AMZN sells gift certificates in December and the certificates are not utilized until January. << Assets=liability+[Equity(revenues-expenses)] I would assume it would be an unearned liability on the balance sheet and recorded under revenues on the income statement.

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