v2.4.0.6

Balance Sheets (USD $)	Sep. 30, 2012	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 1,323	$ 2,068
Total current assets	1,323	2,068
Total Assets	1,323	2,068
Current liabilities:
Accrued expenses	2,100	4,148
Due to shareholder	4,000
Total current liabilities	6,100	4,148
Total liabilities	6,100	4,148
Stockholders’ deficit:
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding at September 30, 2012, and June 30, 2012, respectively
Common stock, $0.001 par value, 75,000,000 shares authorized; 13,000,000 shares issued and outstanding at September 30, 2012, and June 30,2012, respectively	13,000	13,000
Stock subscription receivable	(6,750)	(6,750)
Additional paid-in capital	36,000	36,000
Deficit accumulated during development stage	(47,027)	(44,330)
Total stockholders’ deficit	(4,777)	(2,080)
Total liabilities and stockholders’ deficit	$ 1,323	$ 2,068

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of subscription receivable from investors who have been allocated common stock.

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Cumulative net losses reported during the development stage.

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Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

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Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.

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XUNNA INFORMATION TECHNOLOGY INC. 10-Q