XML 29 R18.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 2 - Basis of Presentation and Summary of Significant Accounting Policies: Revenue Recognition (Policies)
9 Months Ended
Dec. 31, 2015
Policies  
Revenue Recognition

Revenue recognition

 

The Company's revenue recognition policies are in compliance with Staff Accounting Bulletin ("SAB") 104, included in the Codification as ASC 605, Revenue Recognition. Sales revenue is recognized on the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist, and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are recorded as customer deposits.