NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Inventory (Policies)
|9 Months Ended|
Sep. 30, 2019
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 September 30, 2019 and December 31, 2018 the Company had $189,972 and $4,922 of finished goods and $275,654 and $4,875 of raw materials, respectively.
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