Property and Equipment
|12 Months Ended|
Jun. 30, 2019
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
NOTE 10 - PROPERTY AND EQUIPMENT
Property and equipment consisted of the following:
For the years ended June 30, 2019 and 2018, depreciation expense totaled $2,285,225 and $2,927,573, respectively. Of these amounts, $1,387,425 and $1,964,836, respectively, are reflected in cost of revenues.
Following is a summary of fixed assets held under capital leases as of June 30, 2019 and 2018:
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.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef