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Property, Plant, and Equipment

9 Months Ended

Apr. 30, 2012

Property, Plant and Equipment [Table Text Block]

3.

VENDING EQUIPMENT


Vending Equipment	Cost	Accumulated Depreciation	Net Book Value
	$	$	$
April 30, 2012	5,000	5,000	-
July 31, 2011	5,000	5,000	-

The Vending Equipment was fully depreciated in the year ended July 31, 2011.

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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