Property and equipment
|12 Months Ended|
Jun. 30, 2016
|Property, Plant and Equipment [Abstract]|
|Property and equipment||
Note 4. Property and equipment
Property and equipment consisted of the following:
(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.
The Company recorded depreciation expense of $11,425 for three months ended June 30, 2016. The Company recorded depreciation expense of $34,828, $8,090, $26,035 and $5,675 for the years ended June 30, 2016, June 30, 2015 and March 31, 2016 and the period May 12, 2014 (Inception) through March 31, 2015, respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef