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Re: $UPERMAN post# 2306

Wednesday, 11/16/2011 12:03:44 PM

Wednesday, November 16, 2011 12:03:44 PM

Post# of 2483
Have you seen these financials? LOL! ...What "FURNITURE and EQUIPMENT"?! Or, did someone remodel/decorate their house? Where is "our" furniture and equipment at, I haven't seen any proof of said items, is there a list or pics, or something of proof.... yeah, right - LOL!

Furniture and Equipment
Furniture and equipment will be stated at cost. Depreciation will be compute using the straight-line
method over their estimated useful lives. Maintenance and repairs are charged to expense as incurred.
9/30/11
Furniture and equipment $48,000
Accumulated Depreciation 0
Furniture and equipment, net $48,000