v3.4.0.3

Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Current Assets:
Cash		$ 768
Accounts receivable	$ 1,602	35,233
Other current assets	22,172	1,751
Inventory	832	13,528
Total Current Assets	24,606	51,280
Property and equipment, net of accumulated depreciation of $67,983 and $58,221	407,399	420,867
Website development, net of accumulated amortization of $896 and $0	9,854	10,750
Total Assets	441,859	$ 482,897
Current Liabilities:
Cash overdraft	990
Accounts payable	61,085	$ 53,168
Accounts payable to related party	41,544	43,432
Accrued liabilities	5,580	15,368
Loans payable	33,373	28,754
Loans payable to a related party	80,838	90,145
Total Current Liabilities	223,410	230,687
Long Term Liabilities:
Loans payable	102,363	100,354
Loans payable to related parties	111,173	118,301
Total Liabilities	436,946	449,522
Stockholders' Equity:
Common stock, $0.0001 par value, 100,000,000 shares authorized, 10,000,000 and 9,950,000 shares issued and outstanding, respectively	1,000	995
Additional paid-in capital	(36,133)	(895)
Accumulated equity	40,046	33,275
Total Stockholders' Equity	4,913	33,375
Total Liabilities and Stockholders' Equity	$ 441,859	$ 482,897

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Star Vending Services Corp. 10-Q