Furniture and Equipment

9 Months Ended

Jun. 30, 2011

Note 4: Furniture and Equipment

Furniture and equipment consist of the following as of the dates indicated:


	June 30,		September 30,
	2011		2010
Furniture	$	310,000	$	310,000
Equipment		3,020,000		2,855,000
Software		180,000		153,000
Leasehold improvements		90,000		86,000


		3,600,000		3,404,000
Less accumulated depreciation		3,269,000		3,066,000


Balance, end of period	$	331,000	$	338,000

- 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.

+ References+ Details