XML 34 R10.htm IDEA: XBRL DOCUMENT

FIXED ASSETS

3 Months Ended

Mar. 31, 2012

NOTE E – FIXED ASSETS

Fixed assets consist of the following:

	March 31, 2012			December 31, 2011
Website	$	91,743		$	91,743
Equipment		33,651			33,651
Furniture and fixtures		58,605			26,219
		183,999			151,613
Accumulated depreciation		(96,078	)		(81,500	)
TOTAL FIXED ASSETS	$	87,921		$	70,113

Depreciation expense for the three months ended March 31, 2012 and 2011 was $14,578 and $13,711, respectively.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details