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NOTE 11 - JOINT VENTURE: Summarized financial information for joint venture - Balance Sheets (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Summarized financial information for joint venture - Balance Sheets

 

Balance Sheets:

 

December 31,

 

 

 

2019

 

Account receivables

 

$

406,412

 

Inventory

 

 

259,051

 

Cash and cash equivalents

 

 

957,207

 

Total assets

 

 

1,622,670

 

 

 

 

 

 

Other payable

 

 

(1,370,019

)

Customer deposit

 

 

(2,169,378

)

Total liabilities

 

 

(3,539,397

)

 

 

 

 

 

Net liabilities

 

$

(1,916,727