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International Baler Corp – ‘10-Q’ for 4/30/20 – ‘R21’

On:  Friday, 6/12/20, at 3:18pm ET   ·   For:  4/30/20   ·   Accession #:  1607062-20-157   ·   File #:  0-14443

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/12/20  International Baler Corp          10-Q        4/30/20   43:1.4M                                   SimpleSEC/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    183K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     20K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     20K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     14K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     14K 
15: R1          Document and Entity Information                     HTML     47K 
29: R2          Condensed Balance Sheets (Unaudited)                HTML    105K 
42: R3          Condensed Balance Sheets (Unaudited)                HTML     35K 
                (Parenthetical)                                                  
20: R4          Condensed Statements of Income (Unaudited)          HTML     82K 
16: R5          Condensed Statements of Stockholders' Equity        HTML     34K 
                (Unaudited)                                                      
30: R6          Condensed Statements of Cash Flows (Unaudited)      HTML     68K 
43: R7          Nature of Business                                  HTML     18K 
21: R8          Basis of Presentation                               HTML     19K 
14: R9          Summary of Significant Accounting Policies          HTML     28K 
34: R10         Revenue from Contracts with Customers               HTML     26K 
38: R11         Related Party Transactions                          HTML     20K 
25: R12         Inventories                                         HTML     19K 
12: R13         Debt                                                HTML     18K 
35: R14         Income Taxes                                        HTML     20K 
39: R15         Commitments and Contingencies                       HTML     21K 
26: R16         Subsequent Events                                   HTML     19K 
13: R17         Summary of Significant Accounting Policies          HTML     43K 
                (Policies)                                                       
36: R18         Summary of Significant Accounting Policies          HTML     20K 
                (Tables)                                                         
37: R19         Revenue from Contracts with Customers (Tables)      HTML     18K 
23: R20         Inventories (Tables)                                HTML     20K 
17: R21         Summary of Significant Accounting Policies -        HTML     24K 
                Warranty Accrual (Details)                                       
27: R22         Summary of Significant Accounting Policies          HTML     16K 
                (Details Narrative)                                              
40: R23         Revenue from Contracts with Customers -             HTML     26K 
                Disaggregated revenue (Details)                                  
24: R24         Revenue from Contracts with Customers (Details      HTML     16K 
                Narrative)                                                       
18: R25         Related Party Transactions (Details Narrative)      HTML     27K 
28: R26         Inventories - Inventories (Details)                 HTML     23K 
41: R27         Debt (Details Narrative)                            HTML     35K 
22: R28         Income Taxes (Details Narrative)                    HTML     16K 
19: R29         Commitment and Contingencies (Details Narrative)    HTML     19K 
31: XML         IDEA XML File -- Filing Summary                      XML     68K 
33: EXCEL       IDEA Workbook of Financial Reports                  XLSX     32K 
 6: EX-101.INS  XBRL Instance -- ibal-20200430                       XML    264K 
 8: EX-101.CAL  XBRL Calculations -- ibal-20200430_cal               XML     97K 
 9: EX-101.DEF  XBRL Definitions -- ibal-20200430_def                XML     86K 
10: EX-101.LAB  XBRL Labels -- ibal-20200430_lab                     XML    327K 
11: EX-101.PRE  XBRL Presentations -- ibal-20200430_pre              XML    242K 
 7: EX-101.SCH  XBRL Schema -- ibal-20200430                         XSD     60K 
32: ZIP         XBRL Zipped Folder -- 0001607062-20-000157-xbrl      Zip     38K 


‘R21’   —   Summary of Significant Accounting Policies – Warranty Accrual (Details)


This is an IDEA Financial Report.  [ Alternative Formats ]



 
v3.20.1
Summary of Significant Accounting Policies - Warranty Accrual (Details) - USD ($)
6 Months Ended
Accounting Policies [Abstract]    
Beginning balance $ 60,000 $ 80,000
Warranty service provided (71,803) (59,243)
New product warranties 27,101 38,587
Changes to pre-existing warranty accruals 34,702 10,656
Ending balance $ 50,000 $ 70,000

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:6/12/20
For Period end:4/30/20
4/30/1910-Q
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Filing Submission 0001607062-20-000157   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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