Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.20.4
Property and Equipment
 6 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of December 31, 2020 and June 30, 2020.

 

    December 31, 2020     June 30, 2020  
    (Unaudited)        
Office equipment at cost   $ 29,410     $ 26,299  
Less: Accumulated depreciation     (23,988 )     (20,552 )
                 
Total property, plant, and equipment   $ 5,422     $ 5,747  

 

Depreciation expense for the three months ended December 31, 2020 and 2019 were $506 and $634, respectively. Depreciation expense for the six months ended December 31, 2020 and 2019 were $944 and $1,270, respectively.