Accounts Receivable, Net

6 Months Ended

Dec. 31, 2019

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

Note 3. ACCOUNTS RECEIVABLE, NET

The Company's net accounts receivable are as follows:

	December 31,			June 30,
	2019			2019
Trade accounts receivable	$	11,192,245		$	12,716,120
Less: allowances for doubtful accounts		(6,861,694	)		(5,670,274	)
Accounts receivable, net	$	4,330,551		$	7,045,846

Movement of allowance for doubtful accounts is as follows:

	December 31, 2019			June 30, 2019
Beginning balance	$	5,670,274		$	1,682,228
Provision for doubtful accounts		1,282,492			4,091,056
Less: write-off/recovery		(76,497	)		(88,882	)
Exchange rate effect		(14,575	)		(14,128	)
Ending balance	$	6,861,694		$	5,670,274

For the three months ended December 31, 2019 and 2018, the provision for doubtful accounts was $258,561 and $445,119, respectively. For the six months ended December 31, 2019 and 2018, the provision for doubtful accounts was $1,282,492 and $1,396,951, respectively.