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Related Party Transactions
9 Months Ended
Jun. 30, 2016
Notes  
Related Party Transactions

NOTE 5 - RELATED PARTY TRANSACTIONS

 

At June 30, 2016 and September 30, 2015, the President has loaned the Company $0 and $0, respectively. The loans are payable on demand and carry no interest.

 

On June 27, 2016, the Company reimbursed the President $10,000 against his loans. The amount owing to him at that date was $9,045, leaving $955 due back to the Company. This is presented on the balance sheet as “due from shareholder”. On July 14, 2016, the President deposited $1,000 into the Company’s account to correct the overpayment.