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SCHEDULE OF FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMPTION (Details) | 6 Months Ended
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Jun. 30, 2021 USD ($)
Equity Method Investments and Joint Ventures [Abstract] |
Investment eliminated upon consolidation | $ 63,165
Assets acquired: Cash | 13,419
Assets acquired:Building | 630,000
Assets acquired: Land | 85,000
Liabilities assumed: Accounts payable | (15,797)
Liabilities assumed: Long term debt | (450,000)
Liabilities assumed: Deferred income tax liability | (66,116)
Total identifiable net assets: | 196,506
Gain on acquisition of ENP Realty | $ 133,341

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- Definition Amount of facility held for productive use including, but not limited to, office, production, storage and distribution facilities, acquired at the acquisition date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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