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PREPAID EXPENSES
12 Months Ended
Dec. 31, 2021
PREPAID EXPENSES  
NOTE 4 - 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 December 31, 2021 and 2020, the available barter credit balances were $22,888 and $22,396, respectively.

 

As of December 31, 2021 and 2020, this account also includes prepaid expense for legal expenses amounting to $5,000.