ACCORDING TO IFRS Cardullo's Gourmet Shoppe, Inc Balance Sheet as of December 31, 2013 SHORT TERM LOAN PAYABLE $35,822 ACCOUNTS PAYABLE $114,679 EQUITY GIFT CERTIFICATES NON- CURRENT LIABILITIES WAGES PAYABLE $25,959 NON-CURRENT LIABILITIES OTHER CURRENT LIABILITIES $1,482 TOTAL NON-CURRENT LIABILITIES $0 SALES TAX PAYABLE $2,372 CURRENT LIABILITIES TOTAL CURRENT LIABILITIES $0 TOTAL LIABILITIES so