Note 1 - Summary of Significant Accounting Policies: Inventory, Policy (Policies)
|9 Months Ended|
Sep. 30, 2018
Inventory - Inventory is valued at the lower of cost or market value. Product-related inventories are primarily maintained using the average cost method. When market value is determined to be less than cost, the Company records an allowance for obsolescence. The companys inventory assets at September 30, 2018 and December 31, 2017 consisted primarily of hardware appliances valued as follows:
Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef