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LONG TERM ASSETS
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
LONG TERM ASSETS

Note 5 – LONG TERM ASSETS

 

The Company amortizes software costs and website using the straight-line method over a period of three years.

 

 

16

 

 

Crona Corp.

NOTES TO THE FINANCIAL STATEMENTS

December 31, 2021 and 2020

 

As of December 31, 2021 and 2020, the software costs were $20,000 and $0, respectively. There were no amortization expenses as the software is still in development.

 

As of December 31, 2021 and 2020, the website costs were $2,000 and $2,000, respectively. No amortization was recorded during the periods presented, as the website development was completed just prior to December 31, 2021. Amortization expenses will be recorded from 2022.