Better Choice Company Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 4 - Equipment

Note 4 - Equipment

12 Months Ended

Aug. 31, 2012

Property, Plant and Equipment Disclosure [Text Block]

Note 4 – Equipment

Equipment consists of the following:

	August 31, 2012			August 31, 2011

Computer equipment	$	10,000		$	10,000
Furniture and fixtures		15,340			15,340
		25,340			25,340
Less accumulated depreciation		(12,576	)		(8,384	)
	$	12,764		$	16,956

Depreciation expense totaled $4,192 and $4,192 for the years ended August 31, 2012 and August 31, 2011, respectively.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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