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SUMMARY OF ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 30, 2012

	2012		2011
Computer equipment	$	33,464	$	33,464
Lab equipment		296,904		146,101
Furniture		132,435		120,405
Total		462,803		299,970
Accumulated depreciation		251,958		210,862
Property and equipment, net	$	210,845	$	89,108

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details