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Accounts Payable and Accrued Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of:

		As of				As of
		June 30, 2017				December 31, 2016
		(unaudited)				(audited)
Accounts payable		$	52,833			$	39,971
Receipts in advance			8,852				4,261
Other payables and accrued liabilities			195,924				197,557
Total		$	257,609			$	241,789

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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