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Note 6 - Leases (Tables) | 12 Months Ended
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Mar. 31, 2018
Notes Tables |
Schedule of Capital Leased Assets [Table Text Block] |
|  | 2018 |  |  | 2017 |
Land |  | $ | - |  |  | $ | - |
Buildings |  |  | 5,313 |  |  |  | 5,313 |
Equipment |  |  | 43,980 |  |  |  | 35,597 |
|  |  | 49,293 |  |  |  | 40,910 |
Less accumulated amortization |  |  | 6,121 |  |  |  | 1,706 |
|  | $ | 43,172 |  |  | $ | 39,204 |
Schedule of Future Minimum Lease Payments for Operating and Capital Leases [Table Text Block] |
Years ending March 31: |  | Operating |  |  | Capital |
2019 |  | $ | 36,459 |  |  | $ | 7,679 |
2020 |  |  | 31,474 |  |  |  | 7,679 |
2021 |  |  | 25,254 |  |  |  | 7,678 |
2022 |  |  | 16,488 |  |  |  | 7,678 |
2023 |  |  | 9,610 |  |  |  | 7,678 |
2024-2031 |  |  | 4,369 |  |  |  | 9,744 |
Total minimum payment required |  | $ | 123,654 |  |  | $ | 48,136 |
Less interest |  |  |  |  |  |  | 6,127 |
Present value of minimum lease payments |  |  |  |  |  |  | 42,009 |
Amount due within one year |  |  |  |  |  |  | 6,113 |
Long-term capital lease obligation |  |  |  |  |  | $ | 35,896 |

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- Definition Tabular disclosure of long-lived, depreciable assets that are subject to a lease meeting the criteria for capitalization and are used in the normal conduct of business to produce goods and services. Examples may include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737 + Details
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