Note 5 - Office Equipment	9 Months Ended
Sep. 30, 2014
Notes
Note 5 - Office Equipment	Note 5 – Office Equipment (i) Depreciation Expense Depreciation expense was $409 for the reporting period ended September 30, 2014. (ii) Annual Impairment Testing The Company conducted its impairment testing of its office equipment on an annual basis. The management of the Company determined that there was no impairment as the fair value of office equipment exceeded their carrying values at December 31, 2013.

Note 5 - Office Equipment

9 Months Ended

Sep. 30, 2014

Note 5 – Office Equipment

(i) Depreciation Expense

Depreciation expense was $409 for the reporting period ended September 30, 2014.

(ii) Annual Impairment Testing

The Company conducted its impairment testing of its office equipment on an annual basis. The management of the Company determined that there was no impairment as the fair value of office equipment exceeded their carrying values at December 31, 2013.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Online-Redefined, Inc. 10-Q