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General form of registration statement for all companies including face-amount certificate companies

Accrued Expenses

v2.4.0.8
Accrued Expenses
 12 Months Ended
Dec. 31, 2012
Notes to Financial Statements [Abstract]  
7. Accrued Expenses

Accrued expenses consisted of the following at December 31, 2012 and December 31, 2011:


                 

 

 

December 31,

 

 

 

2012

 

 

2011

 

 

 

 

 

 

 

 

Accrued compensation

 

$

50,923

 

 

$

33,930

 

Accrued settlement payable

 

 

-

 

 

 

40,000

 

Other accrued expenses

 

 

24,989

 

 

 

54,373

 

Accrued expenses

 

$

75,912

 

 

$

128,303