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ACCOUNTS PAYABLE (Tables)

12 Months Ended

Dec. 31, 2013

ACCOUNTS PAYABLE [Abstract]

Schedule of Accounts Payable

		US dollars
		December 31,
		2013				2012
Open accounts			8,085				96,870
Checks payable			41,702				25,667
			49,787				122,537

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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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No definition available.

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