XML 61 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 11 - Deferred Income
9 Months Ended
Feb. 28, 2014
Notes  
Note 11 - Deferred Income

NOTE 11 – DEFERRED INCOME

 

Deferred income consists of prepaid air-time sold which is yet to be utilized. The basis of revenue recognition for discounted call services is based on actual call charges made by end users. When calls are being made, the amount will be deducted from deferred income to the statement of income, net of call costs and expenses.