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ADVANCES TO SUPPLIERS/ADVANCES FROM CUSTOMERS
9 Months Ended
Mar. 31, 2012
ADVANCES TO SUPPLIERS/ADVANCES FROM CUSTOMERS

5. ADVANCES TO SUPPLIERS/ADVANCES FROM CUSTOMERS

 

(a) Advances to Suppliers

 

Advances to suppliers represent costs of services and fees paid to suppliers in advance in connection with the agency services fees income to be recognized.

 

(b) Advances from Customers

 

Advances from customers represent money received from customers in advance in connection with the agency services fees income to be recognized.