Investment in account receivable
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Mar. 31, 2015
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Investment in account receivable: | ||||||||||||||||||||||||||
Investment in account receivable |
Note 5 Investment in account receivable
The investment in account receivable is supported by a promissory note which matured January 15, 2015 and consists of the following:
The note was paid and extinguished in March 2015. For the three months ended March 31, 2015 and 2014, $2,250 and $0 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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