Annual report pursuant to Section 13 and 15(d)

NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Property and equipment (Policies)

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NOTE 4: SIGNIFICANT ACCOUNTING POLICIES: Property and equipment (Policies)
12 Months Ended
Dec. 31, 2018
Policies  
Property and equipment

Property and equipment

 

Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed using straight-line method over the estimated useful life. New assets and expenditures that extend the useful life of property or equipment are capitalized and depreciated. Expenditures for ordinary repairs and maintenance are charged to operations as incurred. For the year ended December 31, 2018 and 2017 the Company recorded $3,356 and $3,356, respectively, of depreciation expense.