Organization Costs. The Company has adopted the provisions of AICPA Statement of Position 98-5, "Reporting on the Costs of Start-Up Activities" whereby all organization and initial costs incurred with the incorporation and initial capitalization of the Company were charged to operations as incurred.
Appears in 2 contracts
Sources: Private Placement Subscription Agreement (Puppy Zone Enterprises, Inc), Private Placement Subscription Agreement (Puppy Zone Enterprises, Inc)