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NOTE 4 - ACQUISITION: Schedule of identifiable assets and liabilities assumed upon acquisition (Tables) | 12 Months Ended
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Dec. 31, 2020
Tables/Schedules |
Schedule of identifiable assets and liabilities assumed upon acquisition |
Total purchase price | $ | 500,000
Cash |  | 289,516
Accounts receivable, net |  | 1,462,786
Other current assets |  | 101,629
Deferred tax assets |  | 418,932
Property and equipment, net |  | 12,070
Total identifiable assets |  | 2,284,933
Accounts payable |  | (1,479,949)
Other current liabilities |  | (84,591)
Long term loans |  | (156,441)
Long term loans – related party |  | (2,199,907)
Employee benefits |  | (238,476)
Total liabilities assumed |  | (4,159,364)
Net assets |  | (1,874,431)
Non-controlling interest |  | 918,471
Total net assets |  | (955,960)
Goodwill | $ | 1,455,960

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