Note 2 - Summary of Significant Accounting Policies: Machinery and Equipment (Policies)

3 Months Ended

Nov. 30, 2012

Policies

Machinery and Equipment

Machinery and equipment

Machinery and equipment are stated at cost. The cost of an asset comprises its purchase price and any directly attributable costs of bringing the asset to its present working condition and locations for its intended use. Depreciation is calculated using the straight-line method over the following useful lives:

   Machinery, equipment, and automobiles     7-15 years

Expenditures for maintenance and repairs are charged to expense as incurred. Additions, renewals and betterments are capitalized.