Focus Universal Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- 2. Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

8. Promissory Note (Sept 2019 Note) (Details Narrative)

v3.19.3

8. Promissory Note (Sept 2019 Note) (Details Narrative) - Promissory Note [Member] - AVX Design [Member] - USD ($)	9 Months Ended
	Sep. 30, 2019	Mar. 15, 2019
Debt face value		$ 50,000
Debt stated interest rate		6.00%
Debt balance		$ 50,000
Interest expense	$ 250

- Definition

Face (par) amount of debt instrument at time of issuance.

+ References

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

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Amount of the cost of borrowed funds accounted for as interest expense for debt.

+ References

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Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.

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