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To: Oeconomicus who wrote (1367)1/23/1998 11:34:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 164684
 
Bob,

Yes you are right. In fact you are probably exactly right about pre-paid advertising, where else does AMZN spend money?

BTW - I don't consider this to be a deceptive accounting practice.



To: Oeconomicus who wrote (1367)1/23/1998 3:22:00 PM
From: Steve G.  Read Replies (2) | Respond to of 164684
 
<<It IS a real cash expenditure that is NOT for any tangible asset and it WILL be expensed >>

R.D., I'm not an accountant, but to defer prepaid expenses sounds ridiclious, especially since the prepaid expense is actually an asset.

The deferred charge CAN be for a tangible asset, such as new construction, equipment, etc.

Just trying to understand the crazy accountants..

Steve


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