Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.22.1
PROPERTY AND EQUIPMENT
 9 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following as of March 31, 2022 and June 30, 2021.

    March 31, 2022     June 30, 2021  
      (Unaudited)          
Office equipment at cost   $ 28,600     $ 28,623  
Less: Accumulated depreciation     (25,894 )     (24,368 )
                 
Total property, plant, and equipment   $ 2,706     $ 4,255  

 

Depreciation expense for the three months ended March 31, 2022 and 2021 were $490 and $523, respectively. Depreciation expense for the nine months ended March 31, 2022 and 2021 were $1,503, and $1,467, respectively.