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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 - PROPERTY AND EQUIPMENT

 

As of September 30, 2023, and December 31, 2022, property and equipment consisted of the following:

 

  

Motor

Vehicles

  

Computer

Equipment

  

Office

Equipment

   Total 
Cost                    
At December 31, 2022  $56,875   $28,179   $563   $85,617 
Additions   -    -    -    - 
Effects of currency translation   460    228    4    692 
At September 30, 2023   57,335    28,407    567    86,309 
                     
Less accumulated depreciation                    
At December 31, 2022  $18,659   $18,636   $366   $37,661 
Depreciation expense   4,576    4,550    84    9,210 
Effects of currency translation   151    152    2    305 
At September 30, 2023   23,386    23,338    452    47,176 
                     
Net book value                    
At September 30, 2023   33,949    5,069    115    39,133 
At December 31, 2022  $38,216   $9,543   $197   $47,956 

 

During the nine months ended September 30, 2023, and 2022, the Company recorded depreciation expenses of $9,210 and $10,323, respectively. There were no purchases, impairment, or disposals of property and equipment.