Note 6 - Property and Equipment

12 Months Ended

Mar. 31, 2012

Property, Plant and Equipment Disclosure [Text Block]

Note 6 – Property and Equipment

Property and Equipment consists of the following:

	March 31,			March 31,
	2012			2011

Computer equipment	$	10,629		$	10,629
		10,629			10,629
Less accumulated depreciation		(2,827	)		(703	)
	$	7,802		$	9,926

Depreciation and amortization expense totaled $2,124 and $703 for years ended March 31, 2012 and 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.

+ References+ Details

FrogAds, Inc. 10-K