Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.2
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2020
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of depreciated equipment

Equipment is recorded at cost. Depreciation is computed using the declining balance method, over the estimated useful lives of these assets. The costs of improvements that extend the life of equipment are capitalized. All ordinary repair and maintenance costs are expensed as incurred. Equipment is depreciated as follows:

 

 

 

 

Computer and Electronics

    

50% per annum

Furniture and Fixtures

 

20% per annum

Demonstration Equipment

 

50% per annum

Manufacturing Equipment

 

20% per annum

Tools and Parts

 

20% per annum

Right of Use Assets

 

Life of Lease (60 months)