NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Inventory (Policies)
|12 Months Ended|
Dec. 31, 2018
Inventory consists of finished goods available for sale and raw materials owned by the Company and are stated at the lower of cost or market. As of December 31, 2018, the finished goods inventory and raw material totaled $4,922 and $4,875 respectively. The shelf life of the finished goods inventory is set to expire on May 1, 2019.
Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef