v3.20.2

Fixed Assets | 6 Months Ended
--- | ---
Jun. 30, 2020
Property, Plant and Equipment [Abstract] |
Fixed Assets | Note 8 – Fixed Assets Following table reflects net book value of furniture and equipment as of June 30, 2020 and December 31, 2019:
|  | Furniture and Equipment |
Useful Life |  | 3 to 10 years |
Cost |  |  |  |
Balance as at December 31, 2019 |  | $ | 46,447 |
Addition during the period |  |  | 1,626 |
Disposals during the period |  |  | (5,763 | )
Translation rate differences |  |  | (2,583 | )
Balance as at June 30, 2020 |  | $ | 39,727 |
Accumulated depreciation |  |  |  |
Balance as at December 31, 2019 |  | $ | 42,775 |
Depreciation expense for the period – continuing operations |  |  | 1,249 |
Disposals during the period |  |  | (5,499 | )
Translation rate differences |  |  | (2,497 | )
Balance as at June 30, 2020 |  | $ | 36,029 |
Net book value as at June 30, 2020 |  | $ | 3,698 |
Net book value as at December 31, 2019 |  | $ | 3,672 |

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