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Note 2 - Summary of Significant Accounting Policies: Accounts Receivable and Allowance For Bad Debt (Policies)
3 Months Ended
Nov. 30, 2012
Policies  
Accounts Receivable and Allowance For Bad Debt

Accounts Receivable and Allowance for Bad Debt

 

Accounts receivable are stated at net realizable value. An allowance for doubtful accounts is established based on the management’s assessment of the recoverability of accounts and other receivables. A considerable amount of judgment is required in assessing the realization of these receivables, including the current credit worthiness of each customer and the related aging analysis.