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PROPERTY, PLANT AND EQUIPMENT, NET | 12 Months Ended
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Mar. 31, 2020
PROPERTY, PLANT AND EQUIPMENT, NET |
PROPERTY, PLANT AND EQUIPMENT, NET | NOTE 10 - PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net consisted of the following as of March 31: |  | 2020 |  | 2019
Land |  | $ | 110,113 |  | $ | 110,113
Building and improvements |  |  | 3,249,577 |  |  | 3,249,577
Machinery equipment, furniture and fixtures |  |  | 10,278,701 |  |  | 10,238,870
Equipment under finance leases |  |  | 54,376 |  |  | 54,376
Total property, plant and equipment |  |  | 13,692,767 |  |  | 13,652,936
Less: accumulated depreciation |  |  | (9,509,906) |  |  | (8,792,327)
Total property, plant and equipment, net |  | $ | 4,182,861 |  | $ | 4,860,609

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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