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Other payables and accrued liabilities (Tables)

6 Months Ended

Jun. 30, 2012

Other Payables and Accrued Liabilities

Other payables and accrued liabilities consist of the following:

		June 30, 2012				December 31, 2011
Accrued electricity		$	284,495			$	314,598
Accrued professional fees			28,000				58,000
Value-added tax payable			971,462				-
Accrued interest			338,298				269,019
Accrued expenses			167,765				-
Payable for purchase of equipment			478,204				936,908
Others			113,670				11,016
Totals		$	2,381,894			$	1,589,541

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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.

+ References

No definition available.

+ Details

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