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EXCEL - IDEA: XBRL DOCUMENT - WESTCOTT PRODUCTS CORPFinancial_Report.xls
10-K - WESTCOTT PRODUCTS CORPORATION 10K 9-30-12 - WESTCOTT PRODUCTS CORPwestcottproducts10k93012.htm
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v2.4.0.6
Statements of Cash Flows (USD $)
12 Months Ended 156 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash Flows Used For Operating Activities      
Net Loss $ (19,608) $ (10,183) $ (36,725)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Stock issued for expenses 0 0 600
Increase (decrease) in accounts payable (625) 625 0
Increase (decrease) in shareholder loans 12,316 9,558 79,927
Increase (decrease) in taxes payable 0 0 (56,719)
Increase in accrued interest - related party 7,917 0 7,917
Net Cash (used in) Operating Activities 0 0 (5,000)
Cash Flows from Financing Activity      
Proceeds from issuance of common stock 0 0 15,000
Principal payments on loans 0 0 (10,000)
Net Cash Provided by Financing Activities 0 0 5,000
Net Increase/(Decrease) in Cash 0 0 0
Beginning Cash Balance 0 0 0
Ending Cash Balance 0 0 0
Supplemental Disclosure of Cash Flow Information      
Cash paid during the year for interest 0 0 0
Cash paid during the year for income taxes 0 0 0
Stock issued in exchange for accrued liability/expense $ 0 $ 0 $ 600