XML 18 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 1 - Organization, Nature of Operations and Summary of Significant Accounting Policies: Property and Equipment (Policies)
12 Months Ended
Apr. 30, 2014
Policies  
Property and Equipment

PROPERTY AND EQUIPMENT

 

Property and equipment are stated at cost. Depreciation and amortization are provided using the straight line method over the estimated economic lives of the assets, which range from five to twenty years. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. In accordance with Accounting Standards Codification (“ASC”), 360-10-35-17 of the Financial Accounting Standards Board (FASB), we examine the possibility of decreases in the value of property and equipment when events or changes in circumstances reflect the fact that their recorded value may not be recoverable.