Acconting disscusion hw

Tying It All Together Case F:8-1

Amazon.com, Inc. (NASDAQ: AMZN) opened its virtual doors in July 1995. The business serves customers through online and physical stores and focuses on selection, price, and convenience. The company sells hundreds of millions of unique products through its Web site. Amazon.com, Inc. also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TV, Echo, and Ring devices. In addition, Amazon.com, Inc. offers Amazon Prime, a membership program that includes fast, free shipping and streaming of thousands of movies and TV episodes. Visit

Requirements

  1. What was the amount of net Accounts Receivable as of December 31, 2021? As of December 31, 2020?
  2. Review the notes to the financial statements and read the note labeled Accounts Receivable, Net and Other in Note 1Description of Business, Accounting Policies, and Supplemental Disclosures. How does Amazon.com, Inc. estimate losses on receivables? When are receivables written-off?
  3. Review the notes to the financial statements and read the note labeled Accounts Receivable, Net and Other in Note 1Description of Business, Accounting Policies, and Supplemental Disclosures. What was the amount of Allowance for Doubtful Accounts as of December 31, 2021? As of December 31, 2020?

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