AMBICOM HOLDINGS, INC | 2012 | FY | 3


Major additions and betterments are capitalized and repairs and maintenance are charged to operations in the period incurred.

 

    July 31, 2012     July 31, 2011  
Furniture and fixture   $ 27,635     $ 27,635  
Machinery and equipment     25,229       24,157  
Software     359,417       359,417  
Leasehold Improvements     5,985       5,985  
      418,266       417,194  
Accumulated depreciation     (397,953 )     (391,553 )
Property and equipment, net   $ 20,313     $ 25,641  

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