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

Property and Equipment

v3.19.3.a.u2
Property and Equipment
12 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

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

 

    2019     2018  
             
Office equipment at cost   $ 26,749     $ 25,244  
Less: Accumulated depreciation     (18,332 )     (16,967 )
                 
Total property, plant, and equipment   $ 8,417     $ 8,277  

 

Depreciation expense for the years ended June 30, 2019 and 2018 were $2,306 and $2,225, respectively