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Amazon.com, Inc. has the following balances as of December 31, 2023: Cash: $250,000 Accounts Receivable: $300,000 Prepaid Insurance: $40,000 Equipment: $1,500,000 Accumulated Depreciation: $500,000 Accounts

Amazon.com, Inc. has the following balances as of December 31, 2023:

  • Cash: $250,000
  • Accounts Receivable: $300,000
  • Prepaid Insurance: $40,000
  • Equipment: $1,500,000
  • Accumulated Depreciation: $500,000
  • Accounts Payable: $200,000
  • Salaries Payable: $70,000
  • Common Stock: $600,000
  • Retained Earnings: $370,000

Prepare a classified balance sheet for Amazon.com, Inc. as of December 31, 2023.

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