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

Property and Equipment

v3.10.0.1
Property and Equipment
12 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of June 30,

 

    2018     2017  
             
Office equipment at cost   $ 25,244     $ 26,189  
Less: Accumulated depreciation     (16,967 )     (15,399 )
                 
Total property, plant, and equipment   $ 8,277     $ 10,790  

 

Depreciation expense for the years ended June 30, 2018 and 2017 were $2,225 and $2,166, respectively.