How Xbrl Works
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  • 1. How XBRL Works by Charles Hoffman, CPA
  • 2. Unstructured Text Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively.
  • 3. Structured Text <InventoryInformation> Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively. </InventoryInformation>
  • 4. Structured for Presentation <html> <p><bold>Inventory</bold></p> <p>Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to <bold>$45,594</bold> and <bold>$34,456</bold>, respectively.</p> </html> Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively.
  • 5. Structured for Meaning <Inventory> <ConsistsOf>produce purchased for resale and supplies</ConsistsOf> <StatedAt>lower of cost or market</StatedAt> <ValuationMethod>FIFO</ValuationMethod> <Value2006>$45,594</Value2006> <Value2005>$34,456</Value2005> </Inventory> Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively.
  • 6. Structured for Meaning, Global Standard <InventoryComponents contextRef=“D-2006”>produce purchased for resale and supplies</InventoryComponents> <InventoryCostBasis contextRef=“D-2006”>lower of cost or market</InventoryCostBasis > <ValuationMethod contextRef=“D-2006”>FIFO</ValuationMethod> <Value2006 contextRef=“D-2006” unitRef=“USD” decimals=“0”>45594</Value2006> <Value2005 contextRef=“D-2006” unitRef=“USD” decimals=“0”>$34,456</Value2005> Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively.
  • 7. This isn’t your Daddy’s Financial Reporting Application! Current approach, type this into Word: Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively. Smart XBRL Application: Or: Put a grid (neutral format table) here