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Investment in account receivable
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12 Months Ended | ||||||
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Dec. 31, 2014
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| Investment in account receivable |
Note 5 – Investment in account receivable
The investment in account receivable is supported by a promissory note which matures January 15, 2015 and consists of the following at December 31, 2014:
For the year ended December 31, 2014, $24,750 of discount amortization is included in interest income.
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- Details
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- Definition
The entire disclosure for financing receivables. Examples of financing receivables include, but are not limited to, loans, trade accounts receivables, notes receivable, credit cards, and receivables relating to a lessor's right(s) to payment(s) from a lease other than an operating lease that is recognized as assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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