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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Glenn D. Rudolph who wrote (43798)	3/4/1999 11:19:00 AM
From: Slumdog	Read Replies (1) of 164684

>>>>The building that is leased is shown on the asset side of the balance sheet, and is treated like any other fixed asset.<< This is just GAAP treatment called "capitalizing." It refers to the recording of an expenditure as an asset rather than an expense. It is done to spread the expense over more than one accounting period. Usually done with leases and interest. HJ: >>Yeah right. Please tell Ms Covey that, before they change auditors.<< I'm sure Ms. Covey is well aware of this type of accounting practice.

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