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

Accounts Payable and Accrued Other Liabilities

v3.21.1
Accounts Payable and Accrued Other Liabilities
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Payables and Accruals [Abstract]    
Accounts Payable and Accrued Other Liabilities

NOTE 7 - ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES

 

Accounts payable and accrued other liabilities consisted of the following:

 

    March 31, 2021     December 31, 2020  
Accounts payable   $ 927,309     $ 747,476  
Rental deposits     10,854       10,761  
Customer deposits payable     52,298       53,570  
Accrued wages & payroll liabilities     6,850       1,913  
VAT liability & sales tax payable     (31,290 )     50,453  
Pre-merger accrued other liabilities     65,948       65,948  
Accrued interest     112,396       99,982  
Accrued other liabilities     22,500       22,500  
Total   $ 1,166,865     $ 1,052,603  

NOTE 7 - ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES

 

Accounts payable and accrued other liabilities consisted of the following:

 

    December 31, 2020     December 31, 2019  
Accounts payable   $ 747,476     $ 901,244  
Rental deposits     10,761       14,381  
Customer deposits payable     53,570       46,089  
Accrued wages & payroll liabilities     1,913       1,965  
Property tax payable     -       2,770  
VAT liability & sales tax payable     50,453       64,051  
Pre-merger accrued other liabilities     65,948       65,948  
Accrued interest     99,982       35,462  
Accrued other liabilities     22,500       32,307  
Total   $ 1,052,603     $ 1,164,217