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Perpetual Industries Inc. - Balance Sheets (USD $)
Jul. 30, 2014
Jul. 31, 2013
Current Assets    
Cash $ 32,117 $ 30,348
Accounts Receivable, current 535 535
Total Current Assets 32,652 30,883
Equipment, Net of Accumulated Depreciation 3,406 5,150
Total Assets 36,058 36,033
Liabilities and Stockholders' Equity (Deficit)    
Accounts payable, current 151,653 [1] 134,649 [1]
Accrued expenses, current 1,330,140 [2] 1,125,052 [2]
Deferred revenue, current   23,775
Other current liabilities 64,016 65,583
Total Current Liabilities 1,545,809 1,349,059
Long term liabilities 110,000  
Total liabilities 1,655,809 1,349,059
Stockholders' Equity (Deficit)    
Common Stock 33,123 [3] 32,471 [3]
Capital in excess of par value 5,045,258 4,605,702
Accumulated deficit (6,698,132) (5,951,199)
Total Stockholders' Equity (Deficit) (1,619,751) (1,313,026)
Total Liabilities and Stockholders' Equity (Deficit) $ 36,058 $ 36,033
[1] including related party balances of approximately $150,000 and $123,000 at July 31, 2014 and July 31, 2013, respectively.
[2] including related party balances of approximately $1,113,000 and $930,000 at July 31, 2014 and July 31, 2013, respectively.
[3] $0.001 par value, 100,000,000 shares authorized, 33,122,000 and 32,470,000 shares issued and outstanding at July 31, 2014 and July 31, 2013 respectively.