NOTES PAYABLE	6 Months Ended
Jun. 30, 2021
NOTES PAYABLE
NOTE 6 - NOTES PAYABLE	NOTE 6 – NOTES PAYABLE During the six months ended June 30, 2021, a third party lender advanced a total of $128,383 for working capital purposes under a demand note. The advances accrue interest at 10% per annum and are due on demand. The balance on the note was $362,719 and $234,336 and accrued interest was $38,223 and $23,775 as of June 30, 2021 and December 31, 2020, respectively. Interest expense was $14,447 and $6,676 for the six months ended June 30, 2021 and 2020, respectively. During the six months ended June 30, 2021, a third party lender advanced a total of $7,500 for working capital purposes under a demand note. The advance accrues interest at 10% per annum and is due on demand. The balance on the note was $7,500 and accrued interest was $187 as of June 30, 2021. Interest expense was $187 for the six months ended June 30, 2021.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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