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7. Obligation under Finance Lease (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of financed lease

NOTE 7 –      OBLIGATION UNDER FINANCE LEASES

 

The Company purchased a service vehicle under a finance lease agreement with the effective interest rate of 2.25% per annum, due through May 29, 2020, with principal and interest payable monthly. The obligation under the finance lease is as follows:

 

   September 30, 2019   December 31, 2018 
    (Unaudited)    (Audited) 
Finance lease  $14,833   $31,522 
Less: interest expense   (1,500)   (3,189)
           
   $13,333   $28,333 
           
Current portion   13,333    20,000 
Non-current portion       8,333 
Total  $13,333   $28,333