Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
6 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

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

    December 31, 2021     June 30, 2021  
      (Unaudited)          
Office equipment at cost   $ 27,749     $ 28,623  
Less: Accumulated depreciation     (24,631 )     (24,368 )
                 
Total property, plant, and equipment   $ 3,118     $ 4,255  

 

Depreciation expense for the three months ended December 31, 2021 and 2020 were $504 and $506, respectively. Depreciation expense for the six months ended December 31, 2021 and 2020 were $1,013, and $944, respectively.