Accounts Receivable, Net

3 Months Ended

Sep. 30, 2021

Credit Loss, Additional Improvements [Abstract]

ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

The Company’s net accounts receivable are as follows:

	September 30,			June 30,
	2021			2021
Trade accounts receivable	$	3,530,750		$	3,589,011
Less: allowances for doubtful accounts		(3,478,418	)		(3,475,769	)
Accounts receivable, net	$	52,332		$	113,242

Movement of allowance for doubtful accounts are as follows:

	September 30,		June 30,
	2021		2021
Beginning balance	$	3,475,769	$	2,297,491
Provision for doubtful accounts, net of recovery		-		1,030,895
Less: write-off		-		-
Exchange rate effect		2,649		147,383
Ending balance	$	3,478,418	$	3,475,769

For the three months ended September 30, 2021 and 2020, the provision for doubtful accounts was nil and $30,757, respectively. The Company recovered nil and $2,404 of accounts receivable for the three months ended September 30, 2021 and 2020, respectively.