OPERATING LEASE (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | ||
|---|---|---|---|---|
Nov. 30, 2020 |
Mar. 31, 2021 |
Mar. 31, 2020 |
Dec. 10, 2015 |
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| Operating Lease | ||||
| Deposit Paid | $ 3,500 | |||
| Lease Expense | $ 1,750 | $ 11,567 | ||
| Gain on Forgiveness of Debt | 34,280 | |||
| Lease Deposit Asset Writeoff Expense | 3,500 | |||
| Amortization Expenses | 9,898 | |||
| Interest Expenses | $ 1,666 | |||
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- References No definition available.
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- Definition Non Cash Asset Writeoff No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount, during the lease term, of each minimum [capital] lease payment allocated to interest expense so as to produce a constant periodic rate of interest on the remaining balance of the capital lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Cash payments to lessor's for use of assets under operating leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This element represents money paid in advance to protect the provider of a product or service, such as a lessor, against damage or nonpayment by the buyer or tenant (lessee) during the term of the agreement. Such damages may include physical damage to the property, theft of property, and other contractual breaches. Security deposits held may be interest or noninterest bearing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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