|SEVEN STARS CLOUD GROUP, INC. filed this Form 8-K/A on 08/14/2017|
Wide Angle Group Limited
December 31, 2015 and December 31, 2016
Note 5–Property and equipment, net
Property and equipment, net consist of the following:
Depreciation expense was USD 22,190 and USD 20,811 for the years ended December 31, 2015 and 2016, respectively.
Note 6–Accounts payable
The credit term of suppliers is about 2 months, which is in consistent with suppliers’ aging.