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Balance Sheets - USD ($)	Jul. 31, 2015	Oct. 31, 2014
Current assets:
Cash	$ 0	$ 0
Total current assets	0	0
Current liabilities:
Accounts payable	4,566	15,001
Due to shareholder	73,006	32,964
Total current liabilities	77,572	47,965
Long-term liability:
Loan payable	27,500	27,500
Total liabilities	105,072	75,465
Stockholders' (Deficit) Equity
$0.00025 par value, authorized 400,000,000 shares, issued and outstanding 45,200,000 shares (2014 - 45,200,000 shares)	11,300	11,300
Additional paid-in capital	497,425	497,425
Deficit accumulated during development stage	(613,797)	(584,190)
Total stockholders' equity	(105,072)	(75,465)
Total liabilities and stockholders' equity	$ 0	$ 0

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

INTERACTIVE MULTI MEDIA AUCTION Corp 10-Q