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ACCOUNTS PAYABLE (Tables)

12 Months Ended

Dec. 31, 2014

ACCOUNTS PAYABLE [Abstract]

Schedule of Accounts Payable

	US dollars
	December 31,
	2014		2013
Open accounts	104,711		8,085
Checks payable	-		41,702
	104,711		49,787

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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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