Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.1
Property and Equipment
9 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of March 31, 2021 and June 30, 2020.

 

    March 31, 2021     June 30, 2020  
    (Unaudited)        
Office equipment at cost   $ 29,070     $ 26,299  
Less: Accumulated depreciation     (24,227 )     (20,552 )
                 
Total property, plant, and equipment   $ 4,843     $ 5,747  

 

Depreciation expense for the three months ended March 31, 2021 and 2020 were $523 and $589, respectively. Depreciation expense for the nine months ended March 31, 2021 and 2020 were $1,467 and $1,859, respectively.