Note 10 - Deposits on manufacturing equipment purchases
|12 Months Ended|
Dec. 31, 2019
|Note 10 - Deposits on manufacturing equipment purchases||
Note 10 Deposits on manufacturing equipment purchases
At December 31, 2019 and 2018, Partner I had deposits with manufacturing equipment suppliers in the amount of $0 and $43,907 respectively, for equipment to be leased by the G Farma entities in California once the equipment was delivered.
The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef