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EXCEL - IDEA: XBRL DOCUMENT - CHINA MEDIA INC.Financial_Report.xls
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EX-31 - CERTIFICATION - CHINA MEDIA INC.exhibit312.htm
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10-K - FORM 10-K - CHINA MEDIA INC.chndform10kjune302012v8.htm
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v2.4.0.6
Note 3. Notes Receivable
12 Months Ended
Jun. 30, 2012
Note 3. Notes Receivable:  
Note 3. Notes Receivable

NOTE 3. Notes Receivable

 

 

 

 

 June 30,

 

 

2012

 

2011

Notes receivable

 

$

1,616,764

 

$

1,577,940

 

 

The notes receivable balances as of June 30, 2012 and 2011 include two one-year term notes to third parties with interest rate of 3% and 0%, respectively. Interest incomes including imputed interest income for the years ended June 30, 2012 and 2011 were $94,280 and $32,651 for the notes above (also see Note 10 related to imputed interest income).