Advances from/to shareholders

6 Months Ended

Jun. 30, 2025

4.	Advances from/to shareholders:

As of March 31, 2025, Khachatur Mkrtchyan, the Company's single largest shareholder, had waived the Company's debt of $69,717.

In total, $69,717 of forgiven debt was recorded as an increase in Additional Paid-In Capital under U.S. GAAP.

As of June 30, 2025,the "Due to Related Parties" balance includes $5,300 USD owed to Qihui Wang for audit fees .

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 946
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

LEGEND SPICES, INC. 10-Q