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EXCEL - IDEA: XBRL DOCUMENT - Aja Cannafacturing, Inc.Financial_Report.xls
10-K - MAINBODY - Aja Cannafacturing, Inc.mainbody.htm
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EX-10.4 - EXHIBIT 10.4 - Aja Cannafacturing, Inc.ex10_4.htm
EX-31.2 - EXHIBIT 31.2 - Aja Cannafacturing, Inc.ex31_2.htm
EX-32.1 - EXHIBIT 32.1 - Aja Cannafacturing, Inc.ex32_1.htm
EX-31.1 - EXHIBIT 31.1 - Aja Cannafacturing, Inc.ex31_1.htm
EX-10.5 - EXHIBIT 10.5 - Aja Cannafacturing, Inc.ex10_5.htm
EX-10.3 - EXHIBIT 10.3 - Aja Cannafacturing, Inc.ex10_3.htm
v2.4.0.6
PROPERTY AND EQUIPMENT
12 Months Ended
Aug. 31, 2012
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

Property and equipment are stated at cost and will be depreciated on a straight-line basis over their estimated useful lives.

 

The Company reviews the carrying value of long-lived assets, including property and equipment, for impairments whenever events or changes in circumstances dictate that the carrying value may not be fully recoverable. There have been no such impairments.

 

Property and equipment at August 31, 2012 and 2011 consisted of the following:

 

    August 31, 2012   August 31, 2011
Property and equipment   $ 10,080     $ 0  
Less: accumulated depreciation     0       0  
Property and equipment – net   $ 10,080     $ 0  

 

No depreciation expense was taken for the year ended August 31, 2012 as the asset acquired had not yet been placed into service.