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PREPAID EXPENSES
9 Months Ended
Sep. 30, 2020
PREPAID EXPENSES  
NOTE 4 - PREPAID EXPENSES

The Company has available to its credit through certain trade organizations as a result of barter transactions for services. These amounts are available for use with certain vendors and establishments who are part of the same trade organization. These balances do not represent cash available to the Company, and as such are recorded as the prepaid expenses account as incurred.

 

As of September 30, 2020 and December 31, 2019, the available barter credit balances were $22,060 and $20,987, respectively.

 

As of both September 30, 2020 and December 31, 2019, this account also includes prepaid expense for legal expenses amounting to $5,000.