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Property and Equipment
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12 Months Ended |
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Dec. 31, 2011
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| Notes to Financial Statements | |
| Note 3 - Property and Equipment |
The Company’s property and equipment consists of a computer and related software. For the year ended December 31, 2011 the Company recorded $219 in depreciation expense and $3,269 for the year ended December 31, 2010. As of December 31, 2011, property and equipment is fully depreciated. |
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- Definition
The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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