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Perpetual Industries Inc. - Balance Sheets (USD $)
Jan. 31, 2014
Jul. 31, 2013
Current Assets:    
Cash $ 23,095 $ 30,348
Accounts Receivable, current 535 535
Total Current Assets 23,630 30,883
Equipment, Net of Accumulated Depreciation 4,229 5,150
Total Assets 27,859 36,033
Liabilities and Stockholders' Equity (Deficit)    
Accounts payable and accrued liabilities, current 248,020 [1] 134,649 [1]
Accrued expenses, current 1,229,545 [2] 1,125,052 [2]
Deferred revenue, current   23,775
Other current liabilities 64,590 65,583
TOTAL CURRENT LIABILITIES 1,542,155 1,349,059
Stockholders' Equity (Deficit)    
Common Stock 32,471 [3] 32,471 [3]
Capital in excess of par value 4,790,110 4,605,702
Deficit accumulated during the development stage (6,336,877) (5,951,199)
Total Stockholders' Equity (Deficit) (1,514,296) (1,313,026)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 27,859 $ 36,033
[1] including related party balances of approximately $134,000 and $123,000 at January 31, 2014 and July 31, 2013, respectively.
[2] including related party balances of approximately $1,009,000 and $930,000 at January 31, 2014 and July 31, 2013, respectively.
[3] $0.001 par value, 100,000,000 shares authorized, 32,470,000 shares issued and outstanding at both January 31, 2014 and July 31, 2013.