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Note 5 Security Deposits
6 Months Ended
Sep. 30, 2012
Note 5 Security Deposits:  
Note 5 Security Deposits

NOTE 5 SECURITY DEPOSITS

 

Security deposits mainly consist of five months rental and management fee security deposits, electricity and water meter deposits for company owned restaurant, and was recorded by the time of payment. Security and deposits as of September 30 and March 31, 2012 are summarized as follows:

 

 

 

September 30, 2012

 

March 31, 2012

 

 

(Unaudited)

 

 

Rental and management fee security deposit

$

98,622

 

$        90,198

Electricity deposit

 

7,448

 

7,447

Water deposit

 

1,541

 

1,541

 Gas deposit

 

1,926

 

1,926

Food supplies deposit    

 

3,018

 

 2,953

Other deposit

 

1,097

 

              1,449

 

$

113,652

 

$       105,514