v3.10.0.1

Balance Sheets - USD ($)	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and bank balances	$ 10,850
Trade receivables	334
Total assets	11,184	0
Current liabilities
Other payables	31
Accrued liabilities	9,768	11,235
Amount owing to related party	93,949	78,987
Amount owing to director	12,780
Total liabilities	116,528	90,222
STOCKHOLDERS’ EQUITY (DEFICIT)
Authorized: 1,000,000,000 (2017: 75,000,000) common shares with a par value of $0.001 Issued and Outstanding: 126,000,000 (2017: 6,300,000) common shares	6,300	6,300
Additional paid in capital	24,700	24,700
Deficit accumulated	(136,344)	(121,222)
Total stockholders’ deficit	(105,344)	(90,222)
Total liabilities and stockholders’ deficit	$ 11,184	$ 0

Amount of obligations incurred classified as other, payable within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6935-107765

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(a))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Inbit Corp 10-Q