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Write off Customer Deposits
3 Months Ended
Mar. 31, 2024
Write Off Customer Deposits  
Write off Customer Deposits

NOTE 7 – Write off Customer Deposits

 

During the three months ended March 31, 2024, the Company wrote off $35,800 of customer deposits that were on the books as a current liability.  The Company has held this deposit since July 2016. The customer in this case has disappeared and has never requested a return of the prepayment in almost eight years.  The Company’s management does not expect to ever repay the advance. Therefore, income from customer deposit write off of $35,800 is included in the three months ended statements of operations.